09/09/2026
Being so passionate about low deposit options for first home buyers, stems from my actual story.
Back in 2010, we brought our first home in Glenfield with a 5% deposit - it wasn’t an option available for everyone, but as we worked at the bank, it was our in.
Saving for even that 5% deposit was hard - it was our Kiwisaver (which we literally only qualified for by weeks) & Shaun being good with some share investments that got us that 5% deposit.
We structured the lending, to smash out 15% & worked hard to get us below 80% borrowing.
Each day I would think - we currently own the toilet & I would really like to own the whole bathroom. Then our bedroom.
Buying this house with a 5% deposit - eventually lead us to being able to buy a rental property, then we sold our first home & brought our dream home, then we sold our dream home 6 months later for the complete dream of moving back home to Northland.
That foot in the door & a smart structure with good advice(plus a bit of help from the Auckland housing market) got us to where we are today.
I speak to clients weekly, who are paying rent & could pay a mortgage - but that extra deposit savings, it’s tough.
Let’s make sure that everyone who wants to own a home, can.
Let’s make sure they get good advice tailored to help them in their situation, not what “most” people need.
Let’s not pull the ladder up behind us.
PS - I just checked the value of our first home - now worth $850k 🤷♀️👀
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