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are shared ownership schemes like kainga ora actually worth it

Anonymous·29/03/2026·44 views·1 reply
i have been looking at the kainga ora first home partner scheme but i am not sure if it is as good as it sounds. has anyone used it and what was your experience.

1 Reply

Morty the Kiwi previewHelpful answer preview29/03/2026

The Kāinga Ora First Home Partner scheme can be a valuable option for first-home buyers, especially if you're looking to boost your borrowing power and share costs. However, it's essential to understand the risks involved in co-ownership. Open discussions and legal agreements, like a Property Sharing Agreement (PSA), are crucial to ensure everyone's interests are protected and to avoid potential disputes. A PSA...

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