First Home Buyers Club Blog (3)

7 Tips To Help You Save For Your First Home Deposit

Feb 22, 2023 9:38:21 AM

We understand that saving for a deposit can be one of the biggest hurdles for first home buyers, and that's why The First Home Buyers Club is here to lend a helping hand.

First things first though, you need to have an idea of how much money you spend weekly as well as how much you need to save for your first home deposit. Having a specific target to work towards will help keep you motivated and focused. Pick a number, set a timeframe, and then get busy saving!

We’d like to share with you some ways you can make saving easier and hopefully reach your savings target quicker than you expected!

Mikayla Whitehead

3 tips for buying your first home this year

Jan 12, 2023 11:44:02 AM

No doubt 2023 is set to be another interesting year for first home buyers seeking to get into their first home. Generally experts are predicting that the subdued housing market conditions are likely to continue. Our suggestion for first home buyers is to work on areas that help them get closer to being ready for a home loan pre-approval.

So here are our 3 tips to help you get closer to your goal of owning your first home:

Dustin Lindale

Kainga Ora First Home Partner Program

Nov 9, 2022 7:53:08 AM

Lesley Harris our media director, is driven by making a difference to provide first home buyers with one place to find tools, information and advice to assist first home buyers in the property market. She is passionate about giving back to New Zealand and using her voice to pave the way for a more positive future for our children. Lesley had the opportunity to sit down with Martha Williams from Kainga Ora recently and found out more about the new First Home Partner program. This is a fantastic option to help first home buyers into their first homes and well worth finding out more.

Dustin Lindale

Home ownership within reach for more with First Home Partner

Nov 2, 2022 7:45:34 AM

Dustin Lindale

First Home Buyer Tips, Mortgage

I've Got My First Home Deposit Sorted, What Should I Do Next?

Sep 29, 2022 8:29:25 AM

You‘ve done the hard yards, you’ve scrimped and saved, and you cautiously think you’re ready to move to the next stage of buying your first home! High Fives by the way, you have just achieved the most difficult milestone of the journey, and you’ve stayed the distance. We know how hard you’ve worked and now the fun part begins! But where to from here?

Karen Lewis

First Home Buyer Tips, Legal, Will

Legal Toolkit: The Importance Of A Will

Aug 31, 2022 9:57:48 AM

The team at Schnauer & Co's have put together a resource toolkit to highlight some of the common misconceptions that some first home buyers have and provide you with tips on how to avoid some easy mistakes when buying your first home. Our expert tips will be presented over six easy to read articles, and they are all designed to help you achieve your goal of homeownership in NZ.

Kim Hunt

First Home Buyer Tips, Legal, auctions

Legal Toolkit: Purchasing A Property At Auction

Jun 28, 2022 9:36:45 AM

Kim Hunt

First Home Buyer Tips, Legal

Legal Toolkit: The Bank of Mum and Dad – Loans vs Gifts

Jun 7, 2022 5:19:27 PM

In the first 2 parts of the series, we discussed the solicitor approval condition and the process to follow when you are not able to satisfy conditions in the agreement for sale and purchase.

In this Part 3, we will highlight the differences between a loan from parents vs a gift from parents (AKA the bank of Mum and Dad).

As always we recommend getting good independent legal advice.

Don't forget to take advantage of Schnauer & Co's First Home Buyer Member Offer for a free 60 minute consultation.

Kim Hunt

First Home Buyer Tips

The Importance Of Looking After Your Bank Account

Jun 6, 2022 10:36:27 AM

What is good bank account conduct?

One of our Tips For Getting A Yes To Pre-Approval is to show consistently good bank account conduct. Keeping your bank account in good order is often not considered by first home buyers when preparing to get a pre-approval.

Dustin Lindale

First Home Buyer Tips, First Home Loan, First Home Grant

Updates to the First Home Loan & Grants

May 24, 2022 6:30:24 PM

The First Home Loan & Grant caps have been lifted.

The 2022 Budget announcement saw some major changes to Government assistance for first home buyers. The changes will make it possible for more first home buyers to access the First Home Grant to put towards their deposit and be eligible for a 5% deposit using the First Home Loan.

Dustin Lindale