Feature article
From converted garage rental to home owner: single mum working 54 hours a week buys first home
After years of hard work, a single mum has finally bought her first home using her KiwiSaver.
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AI summary
Single mum Hosanna Elers has purchased her first home in Kaitāia after a six-year journey. Working 54 hours a week across three jobs, she bought the three-bedroom house for $440,000, motivated by the desire to provide security for her daughter.
Her entire 10% deposit came from her KiwiSaver. After seeking advice from a mortgage advisor, she took advantage of a softer winter market to secure the property. Her story highlights the path to homeownership through hard work and financial tools.
Hosanna and her daughter had been renting a converted double garage, so are happy to finally have more space. Photo: Supplied
The tidy 3 bedroom home has a heatpump and is close to sports grounds. Photo: Supplied
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