Buying guide

First home buyers grant is no more: 7 other ways to get help

The NZ government grant for first home buyers is no longer available, but there are other options out there

Ben Tutty
Last updated: 13 June 2024 | 5 min read
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The First Home Buyers Grant has ended, but several support options remain for aspiring homeowners. The Kāinga Ora First Home Loan can lower your required deposit to 5%, and you can still use your KiwiSaver savings.

Other pathways include:

- Shared equity and rent-to-own schemes

- Guarantor loans

- New build exemptions allowing for a 10% deposit

- Special bank offers like cash back or lower interest rates from lenders like SBS Bank, ANZ, and ASB.

1. The Kāinga Ora First Home Loan

2. Rent to own schemes

3. Shared equity home ownership

There's still help available for getting into your first home.

4. Kiwisaver First Home Withdrawal

5. The LVR new build exemption

6. Guarantor loans

Getting the right help can make all the difference when you're buying your first home.

7. First home buyer loan offers

Get help from an expert early

Author

Ben Tutty Ben Tutty
Content Writer