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First Home Buyers – Are you eligible for a First Home Grant?

Taking the first step into the housing market comes with associated financial pressures for many first home buyers. Whether it’s the rising house prices, the lack of availability or the struggle in meeting the deposit. We understand that it can be tough when it comes to purchasing your first home.

Did you know that you may be eligible for government assistance to purchase your first home?

We can help you:

  • apply for a pre-approval before you start looking to purchase a property; or
  • complete the process once you have found a property and signed a sale and purchase agreement.
First Home Grant

The First Home Grant eligibility criteria is as follows:

For first home buyers you must:

  • be over the age of 18;
  • have earnt less than the income caps in the last 12 months;
  • not currently own any property;
  • have been contributing at least the minimum amount to KiwiSaver for 3 years or more;
  • purchase a property within the regional house price caps;
  • commit to living in your new house for at least 6 months.

For previous home owners you must:

  • not have received the First Home Grant or KiwiSaver HomeStart Grant/KiwiSaver deposit subsidy and/or first-home withdrawal before; and
  • not have realisable assets worth more than 20% of the house price cap for existing properties for the area you are buying in.

Contact Us Now To Start Your Journey

If this sounds like you and you meet the above eligibility criteria, get in contact with us today. We will ensure this process runs smoothly and is processed in time for settlement.