Need a deposit for your first home?

Need a deposit for your first home? Think about your KiwiSaver! Once you’ve been a member of Kiwisaver for 3 years you may be able to withdraw some of your Kiwisaver savings to put towards purchasing your first home (you need to leave a minimum balance of $1000) You’ll be eligible for a KiwiSaver first

Toss out that greasy bag of potato chips

Toss out that bag of greasy potato chips and whip up your own healthy version using taro root. Making taro chips, a popular snack in many parts of Asia, is easier than you think, and the result is a crunchy, low-fat treat perfect for late-night munchies. Ingredients: 1 taro root Vegetable oil spray Salt Directions: Preheat

Turn your TRASH into CASH

How to make money selling your trash…  Turn your trash into cash. You may be sitting on a pile of cash and that cash can be better spent putting it towards your home deposit. You also get the bonus of a more organised home. The only real skill involved in turning your trash to cash

Debt to income restrictions

Hopes of getting a mortgage dashed? More than 10,000 house hunters could have their hopes of getting a mortgage dashed if the Reserve Bank were to deploy the debt to income restrictions it is currently seeking to add to its regulatory powers.In a consultation document released today the RBNZ suggests that limiting lending at a

Buy your first home with friends or family

Buy your first home with friends and family Getting into your first home is not easy. How about thinking outside the square to get on the property ladder and join forces with friends and family. I did this myself did this 10 years ago, faced with the same conflict most first home buyers experience I could not afford

How to make your first home deposit go further

How can you make your first home Deposit go further? The best source of information for first home buyers is the Housing New Zealand website: www.hnzc.co.nz/buying-a-house This web site covers the Welcome Home Loan and the current Kiwisaver Benefits that can boost your deposit. You can also find Kiwisaver information here, the first home savings withdrawal