We call it shared ownership. It’s an easy and exciting option for first home buyers where we partner with you to purchase a new home. It gets you a foot on the property ladder with low deposit (as little as 5%) and the security of your own roof over your head, without the stresses of renting or anxiety as house prices continue to rise.
Features:
No income cap
YouOwn contributes up to 15% deposit
You aim to buy YouOwns share out after five years
Able to buy new or existing properties
Available throughout New Zealand
YouOwn plays a passive role
No timeframe to buy equity share back
No minimum income (but to buy a house, you generally need a combined household income of more than $150,000 to borrow enough with 5% deposit)
If you’re eligible, please register your interest here or apply today to get pre-approved so you can start looking for your new home
Once we agree to work together with YouOwn providing up to 15% for your deposit, we can help you find a financial advisor and bank who will provide your home loan
Find your home and sign a sale and purchase agreement conditional on finance. *YouOwn has criteria for the purchase of property click here
You sign the loan documents with your solicitor. The balance of the purchase price is paid, the bank registers a mortgage over the property and you move in!
“This is a big thank you to Nigel and the YouOwn team for accepting and coming on board with us in the purchase of our new home. Companies like yours…
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Thanks for your support, Nigel, it means a world to us to actually having our own house.
Things are going great and we couldn't be more happier having our own home. Absolutely loving it and thankful for the help of YouOwn.
We are loving our new home
Yesterday, a long-time dream came true, I became a home owner, and today I picked up my keys and worked from my new home, my own home, for the first time. I want to say thank you for the roles you have played in making this a reality; I am grateful.
We would like to express our utmost gratitude for assisting our family to get on the property ladder. It is because of you that we now have a home to call our own. One of the best gifts any man can ask for is to have a shelter and YouOwn has made this possible for us.
My husband and I come from generations of poverty and to achieve this for us was to bring hope to our children and grandchildren that their past or upbringing doesn’t determine their future and that anything is possible if they work hard for it.
We would like to send a HUGE Thank you to every single one of you who have helped us achieve our dream. We are so grateful and we wish we…
Read moreWe’re pretty excited. Just to know that we’ve set our kids up for their future as well.
Kim and her family were ideal candidates for YouOwn co-ownership because they had a sizeable deposit and steady incomes. Check out the full article.
Read more"Just want to thank you all for all the efforts and assistance helping us to get into our first home. We really appreciate it and are very happy in our new home."
