The first thoughts most people have when purchasing their first home is do I have enough for a deposit and am I eligible for KiwiSaver or HomeStart Grant?
Are you a Landlord or Tenant or been in a rental property that has been accidently damaged? Who fronts the cost of accidental damage to a rental property has been an ongoing issue since 2016 when a court ruling determined that landlords could not recover the excess of an insurance claim from the tenants.
This resulted in some Landlords having to pay the excess for damages where the tenant damaged the property, and in some circumstances, pay multiple times.
GOING, GOING, SOLD!…. Are you a first home buyer and not sure where to start? Or have you found the perfect home but are overwhelmed with how to proceed?
Don’t panic, purchasing property doesn’t have to be stressful. There are some steps you can take to help with the purchase process.
Do you rely on a fireplace or multi burner for heating in the winter or are you looking at purchasing a property with one? If your answer is yes, there are fuel and heating regulations you need to be aware of.
Want to use your kiwisaver to purchase a house, and have owned a property previously? If you meet the criteria then you may be able to withdraw your kiwisaver.
To do this you must make an application to Housing New Zealand (HNZ) to determine whether you meet the criteria. The criteria is to assess whether you are in the same financial position as a first home buyer.