Waiting to buy your first home in 2022? Many are waiting for house prices to keep coming down, but there is always a trade-off.

Now is good, and these are my reasons why.

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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!

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It costs nothing to get informed about how to buy your first home in 2022

I am paid by my suppliers so I can offer advice at no cost to you.

Book a free, no obligation consultation with me today

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Lance 🙂

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About Lance

Hi, I’m Lance a Financial Adviser here at Velocity Financial. People in Finance love to make it all seem too complex. I see my role as removing these barriers, opening your opportunities, and connecting you with the sharpest and most helpful professionals Wellington has to offer. I am interested in people and enjoy being part of key (and often the most stressful) stages in their lives. From my background in heading up large social development projects, finding finance and resource to bring about change for some of our most vulnerable New Zealanders, to my role as a marriage celebrant helping organise one of the most dramatic, stressful, wonderful, precious days of people’s lives. Now as a Financial Adviser I'm able to help people reach their financial goals and help provide security by insuring them against life's challenging times. I love being active, boxing, running, surfing, basically if there is a chance of some form of activity I am on board. Music is extremely important to me, and I have been privileged to travel around many parts of the world playing drums.

Disclaimer: Lance Shearman (FSP431426) is a Financial Adviser with Velocity Financial(FSP95466). No investment decision should be taken based on the information in this blog alone. Please see Lance’s disclosure statement on our website.

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