HOUSE AND LAND
We will discuss with you where you are looking to live, your budget, what size section and what size home you are looking for and your finance options with you.
We will then present some sections and home options to choose from.:
- A Turnkey package with a 5% deposit for a Peter Ray Home on one of our sections.
- A house and land package put together for you on a section of your choice.
- Either a 5% deposit or progress payments.
KIWI SAVER
If you have been in Kiwi Saver for more than 3 years you may be able to withdraw your savings / contributions leaving a minimum of $ 1,000.00 in your Kiwi Saver account.
The maximum budget for house and land in the Canterbury region is $ 550,000.
The first step is to contact your Kiwi Saver provider to apply.
HOMESTART GRANT
You may also qualify for a Homestart Grant of up to $ 20,000 towards your new home deposit. See below for eligibility criteria.
- You need to have been contributing to Kiwi Saver for a minimum of 3 years.
- The maximum income for a couple is $ 130,000.00 or for a single person $ 85,000.00.
- The HomeStart Grant is $2,000 for each year of contribution to the scheme.
- 3 years of contributing = $6,000
- 4 years of contributing = $8,000
- 5 years of contributing = $10,000
