NZ Buyers Guide Buyers Guide - Ray White_2019_NZ - single page no | Page 11

How much does it
cost to buy property?
Deposit Other Costs
How much are you willing to pay
upfront to secure your home? Property inspection reports are not
compulsory, but it is a good idea to
get a house inspection to uncover any
likelihood of hidden costs you have to
pay once you’ve bought the property.
The simple truth is that the more
deposit you pay, the more likely you
are to get a loan.
Of course, it depends on your lender
and their rules, as well as your
financial situation.
You may be eligible for government
help if you’re buying your first home.
We recommend you choose a property
inspector who has professional
indemnity insurance and carries out
their work in accordance with the
New Zealand Property Inspection
Standards.
Tip
First home buyer?
Check to see if you’re eligible for the KiwiSaver HomeStart grant
kiwisaver.govt.nz/new/benefits/home-sub/
buyer's guide