Our home buying checklist – what to do when

• Find a house that you like
• Meet the finance conditions of your offer from the bank
• Get security approval from the bank
• Ensure solicitor has carried out due diligence on the sale and purchase agreement, title and Land Information Memorandum (LIM) report
• Get a building report from a registered builder

• Pay your initial deposit
• Give notice to your landlord if you’re renting
• Open a bank account with bank giving you the mortgage

• Confirm structure of your mortgage (interest rates, cash back etc)
• Solicitor has applied to withdraw your KiwiSaver funds
• Arrange home insurance
• Arrange personal insurance
• Signed loan documents with your solicitor
• Transfer other deposit funds to solicitor
• Arrange utilities (phone, internet, power)
• Organise a moving company or friends and family to help you move
• Conduct pre-settlement inspection

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• Do developer due diligence (developer history, completed projects)
• Review settlement – when is the completion date?
• Check for a body corp or residence association
• Check building specifications (materials, cladding, chattels etc)
• Review sunset clause
• Get a registered valuation (if applicable)
• Solicitor has carried out due diligence on the sale and purchase agreement
• Meet the finance conditions of your offer from the bank
• Check bank approval will be valid until completion date

• Solicitor has applied to withdraw your KiwiSaver funds
• Pay your initial deposit
• Open a bank account with the bank giving you the mortgage

• Keep your bank account conduct ‘tidy’ during the build time
• Don’t take on any additional debt during build time
• Check if the bank offer requires a Valuer’s Completion Certificate
• Confirm the structure of your mortgage (interest rates, cash back etc)
• Arrange personal insurance
• Sign loan documents with your solicitor
• Transfer other deposit funds to your solicitor
• Arrange utilities (phone/ internet/ power)
• Organise a moving company/friends and family to help you move
• Solicitor has applied to withdraw your KiwiSaver funds
• Pay your initial deposit
• Conduct pre-settlement inspection