With support from Trust Horizon, TECT, BayTrust, and YouOwn’s Shared Ownership program, owning a home in the Bay of Plenty is more achievable than ever — even with just a 5% deposit.
Since partnering with BayTrust in 2020, YouOwn has helped over 30 Bay of Plenty families into their own homes.
The program is designed to solve the deposit gap (particularly for first-home buyers) by taking a small ownership stake in the property at a cost lower than the interest rate on a home loan. Whether it’s a new build or an existing property, it’s your home from day one.
After five years, homeowners can use their equity to buy out YouOwn’s share, meaning they own their property outright. Every time a homeowner buys back YouOwn’s share, that funding is recycled to help the next buyer, keeping the opportunity going.
And now, thanks to an additional $1.5 million investment from TECT and Trust Horizon, even more Bay of Plenty locals can access this pathway to home ownership.
What You Get with YouOwn
- Only 5% deposit needed
- No income cap
- A partner to help you every step of the way
- Backed by BayTrust, TECT and Trust Horizon to expand homeownership access in the Bay of Plenty
Am I Eligible?
Choose Your Next Step:
Ready to take the leap? Start your application today
Not ready to apply? Register to stay informed
Still got questions? Fill out our form
Real Stories. Real Homes.
“Without YouOwn and the support of the local trusts, I wouldn’t have been able to stay in my community and afford my own place. I’m so grateful for the chance to own a home near my children’s school.”
— Alex Le Long, Bay of Plenty homeowner