About The Co-Ownership Housing Opportunity

  • Co-Ownership gives you the opportunity to buy the house at an affordable price and be on the home ownership ladder.
  • You purchase a 75% share of the property, Co-Own invests the other 25% of the purchase price.
  • You get all the benefits of ownership without having to fund the entire purchase price.
  • Your house is on its own title.
  • There is a charge for the co-ownership share, this is payable monthly and does not change for five years
  • You buy what you can afford now and the rest when you are able to.

Criteria For Co-Ownership Housing:

  • Combined household income of $110,000+
  • Deposit from savings and/or KiwiSaver of at least 5% of the purchase price.
  • Be a New Zealand Citizen or Permanent Resident.
  • Have a clean credit history.
  • Little or no debt (less than $5,000)
  • Comfortable with repayments on a mortgage of $500,000 or greater (we can help you determine if you are able to should you decide to proceed with the opportunity).
  • Be buying the property to live in.

How this 2-bed terrace home in Overlea, Tamaki could work as a Co-Own home:

  • First Home Buyer’s Deposit: $38,000
  • Co-Ownership Investment: $212,500
  • First Home Buyer’s Mortgage: $595,000

Register Your Interest By Completing The Below Form:



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