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14 March 2018

Buying your First House

Buying your first home is an exciting time in your life, but it can be daunting and take careful planning. All of a sudden you have signed an agreement for sale and purchase and you are now faced with organising your KiwiSaver and Housing New Zealand withdrawals, lending with the bank, builder’s and methamphetamine reports, and insurance.

We understand that all of this is new and our team at Saunders Robinson Brown are experienced in assisting first home buyers.  We will work with you to make sure the process is as straightforward as possible.

First home buyers checklist

We have developed a helpful checklist which clarifies what you need to do before and after you sign a contract.  This will let you know the steps that you need to take so that you keep on track with the timeframes.

When to talk to a lawyer?

We recommend you speak to a lawyer as early as possible (even if you have not found a property and would like to understand the process more). We can assist you with what conditions to put into the contract and you would normally make your offer subject to approval of finance, insurance, builder’s report, Land Information Memorandum (LIM) and title.

Legal costs

We understand that buying your first home takes serious budgeting.  To help avoid any nasty surprises, we have a first home buyer’s fixed fee, which includes:

  • Your purchase of an existing residential home, together with KiwiSaver and Housing New Zealand grant withdrawals;
     
  • Your lending with your bank;
     
  • Wills; and
     
  • A Contracting Out Agreement (if required).

Our first home buyer specialists will be happy to give their experience in helping you into your first home.

 

The above information is of a general nature only. You should contact our firm for advice relating to your specific circumstance.

 

Chris Boivin

About Chris Boivin

Chris is a Partner advising clients on a wide range of matters. He assists with both commercial, rural and residential property matters, as well as business transactions and asset planning.

View all posts by Chris Boivin