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house deposit

FHB
National promises more access to low equity mortgages for first home buyers
National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%
by Mandy Te
12
National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%
People can withdraw money from their KiwiSaver when they reach 65, which is retirement age, but you can also apply for early withdrawals to buy your first house or because of financial hardship. Composite image source: 123rf.com and interest.co.nz
Early KiwiSaver withdrawals reach $260 million in July
Early KiwiSaver withdrawals for July saw savers taking out $260.1 million, with the bulk of that money going towards first home purchases
by Mandy Te
1
Early KiwiSaver withdrawals for July saw savers taking out $260.1 million, with the bulk of that money going towards first home purchases
A composite image of a blue tiled background overlayed with a tilted piggy bank that is open and placed on top of some coins.
Early KiwiSaver withdrawals topped $244 million in June
First home buyers take out the bulk of June's $244m in early KiwiSaver withdrawals
by Mandy Te
First home buyers take out the bulk of June's $244m in early KiwiSaver withdrawals
A composite image of grid paper overlayed with a sold sign, stacks of coins and dollar signs.
Early KiwiSaver withdrawals hit $243 million in May
KiwiSaver early withdrawals topped $243m in May as political parties roll out KiwiSaver policies ahead of the election
by Mandy Te
5
KiwiSaver early withdrawals topped $243m in May as political parties roll out KiwiSaver policies ahead of the election
A composite image of a house overlayed with a hand putting a dollar into a savings jar and New Zealand coins.
Early KiwiSaver withdrawals hit $229.6 million in April
KiwiSaver early withdrawals, for first home deposits and financial hardship reasons, topped $229.6 million in April
by Mandy Te
1
KiwiSaver early withdrawals, for first home deposits and financial hardship reasons, topped $229.6 million in April
A composite image of a half yellow, half blue background overlayed with a green sold sign, New Zealand coins and a hand putting a coin in a piggy bank.
Early KiwiSaver withdrawals hit new monthly high, topping $296m in March
First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows
by Mandy Te
7
First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows
A composite image of an abstract background overlayed with a piggy bank and coins.
Financial hardship behind just over half February's early KiwiSaver withdrawals
Just over half of February's early withdrawals were due to financial hardship, latest KiwiSaver figures from Inland Revenue show
by Mandy Te
1
Just over half of February's early withdrawals were due to financial hardship, latest KiwiSaver figures from Inland Revenue show
A composite image of red wallets against a light blue background overlayed with a black and white piggy bank that has coins coming out from the bottom.
Financial hardship behind a high number of early KiwiSaver withdrawals
More than half early KiwiSaver withdrawals in January prompted by financial hardship
by Mandy Te
1
More than half early KiwiSaver withdrawals in January prompted by financial hardship
seven coffee cups
Saving for a house deposit – will it ever happen?
Lynda Moore has five tips on getting started with saving for a house deposit. It's not easy but doable if you have the right mindset
by Lynda Moore
93
Lynda Moore has five tips on getting started with saving for a house deposit. It's not easy but doable if you have the right mindset
About 40% of first home buyers taking the plunge with less than a 20% deposit
Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
by Greg Ninness
220
Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
Sensible and boring vs fun and irresponsible
Elizabeth Davies explains why she's more interested in saving for a first home deposit than going on an OE
by Elizabeth Davies
50
Elizabeth Davies explains why she's more interested in saving for a first home deposit than going on an OE
Amanda's Take Five for Thursday
Saving up for a 20% deposit; Faith and prudence the Paloma way; Christmas is cancelled, kinda; Lust for normalcy; The Shadow Economy (a podcast)
by Amanda Morrall
5
Saving up for a 20% deposit; Faith and prudence the Paloma way; Christmas is cancelled, kinda; Lust for normalcy; The Shadow Economy (a podcast)