Five FHOS on offer to first time buyers
Hi, folks
Housing New Zealand are selling a number of houses around the country, a portion of which are offered to first time buyers, who must fill certain criteria to be able to buy.
Among those criteria are
- income levels cannot be above certain amounts,
- a letter from Housing New Zealand must be applied for
- a valid mortgage offer from a bank or broker
- you must own the property for a minimum of 3 years.
A grant of up to 10% of the price or maximum of $20,000 can be applied for.
The idea is to keep investors off these properties and give a helping hand to those who may not otherwise be able to afford it. One advantage to getting the letter is that it is valid, I believe, for a year, which means that any houses on the FHOS scheme anywhere in the country can be applied for.
You can download the booklet here
Here are the five houses
22 Sheridan Crescent, Trentham
37 Speargrass Grove, Timberlea
If I was a first home buyer I would be applying today!
If you are thinking of selling your home, would like an appraisal, or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email steve@steveslicker.com alternately fill in your details here on my website.
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Kind regards, (04) 212 6787
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