Property Management

Rent for fun, buy for the future family - Mary Holm

Q. I feel there must be others out there like us, who have woken up to the fact that, while they earn reasonable money, they can't afford the $350,000 plus required to buy a freestanding house in central Auckland, with the prospect of having children.

Monday, September 01st 2003

We are a newly married couple aged 31. We spent our twenties travelling and exploring work options. We are both now settled in the slightly fickle freelance world of the film and TV industry.

Because of work contacts this requires us to live in Auckland (otherwise we probably wouldn't).

We rent a great house in an inner-city suburb, which we think is cheap at $320 per week.

We have managed to save $40,000 in six months, which is in an interest-earning cheque account...

Read More - Opens in a new window

Funny housing consents number

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
TSB Special	4.49
SBS Bank Special	4.49
Co-operative Bank - First Home Special	4.49
ICBC	4.49
Unity Special	4.49
ASB Bank	4.59
ANZ Special	4.59
Westpac Special	4.59
Kiwibank Special	4.59

ICBC	4.89
Unity Special	4.89
BNZ - Std	4.89
Kiwibank Special	4.89
Kainga Ora	4.95
China Construction Bank	4.95
TSB Special	5.09
ANZ Special	5.09
ASB Bank	5.09
SBS Bank Special	5.09
Nelson Building Society	5.09

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
ASB Bank	5.69
BNZ - Std	5.79
Co-operative Bank - Owner Occ	5.89
Kiwibank Special	5.89
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.75
Unity Standard	5.79
Unity Special	5.79

Property Management

Rent for fun, buy for the future family - Mary Holm

Next Article

Most Read

Top Mortgage Rates

More Stories

RBNZ expects slower house price growth in the current recovery

Queenstown not off the radar for first home buyers

Record levels of first home buyers taking out low deposit loans

Buyers sitting on the sidelines in best time to buy in a decade