This may sound contrary to what you have heard in the media, however now is a totally awesome time to buy your first home!

‍

We know some of you are not convinced, so we've compiled a list of top ten reasons why now is good!

‍

1. House prices have decreased
2. There is less competition from other buyers (as many people are unaware of the opportunities in this list..)
3. You may be able to buy your home with a 5% Deposit, with the revised Government First Home Loan Scheme.
4. You may be able to get a grant towards your deposit too, with the revised Government First Home Grant Scheme.
5. Overseas Kiwis are not back yet...but are coming, and competition for housing stock will increase.
6. There are more houses on the market to choose from, as landlords sell off their properties because of tax changes and healthy homes standards.
7. Wellington has the highest median income in NZ. So, even with banks being tougher on lending, there is a higher chance that we can still borrow enough to buy a home.
8. Houses are coming to market at a higher standard than before, so you are buying a better product.
9. Properties are listed with a price. This gives a better guideline around affordability.
10. Last but not least - Conditional offers are being accepted! There is room to negotiate!

‍

Working with an adviser will get your on track

The market has swung around in favour of first home buyers and as such we come battle-ready to get you into your first home!

We will help you with:

• How to get your deposit together, and how much to borrow, to get into your target home
• How to use your KiwiSaver for your deposit
• First Home Loan and First Home Grant information and eligibility
• What you can expect from bank fees
• What types of property to buy, and the pros and cons
• Where the best places are to buy
• Navigating the real estate purchasing process
• Understanding the legal requirements of property ownership
• How to structure your mortgage to suit your lifestyle
• Securing your borrowing with the best lender
• Setting up your insurances to protect your assets
• Helping you with future investments to protect your future

We can help you understand the rules, check your eligibility, navigate you though the system and get the best lender for your situation.

It costs nothing to have a chat and get informed. Speak to our friendly team today to see how you can get into your home in '22!

‍

Give us a call on our new 0800 448 879 number or book a chat online

We'd love to hear from you!

‍

The VF Team :)

‍

‍

Disclaimer: No investment decision should be taken based on the information in this blog alone. Please speak to an adviser about your personal situation and see our disclosure statement on our website.

‍

‍

‍