Your first home, starts here.
We are an experienced team of advisors dedicated to helping first-time home buyers achieve their dreams of home ownership.
Our own experiences taught us that buying a home can be overwhelming and confusing — which is why we offer mortgage and financial advisory services in simple, easy-to-follow language, with a process designed to support you every step of the way. And once you're in your new home, we'll still be there to support you with every big financial decision relating to your mortgage and family situation.
First Home Buyers Guide
Step 1
Financial Preparation
Getting your finances in order
We analyse your income, expenses, and any debt to help us understand your financial position. Part of this process will include making recommendations around how to better manage your finances to help you prepare for home ownership. We will also talk through your deposit options including how KiwiSaver can be used as a deposit for a first home.
Step 2
Pre-approval time
Knowing your budget
Now that we've fully understood your financial position, we will consult with you around your ability to apply for a pre-approval to give you confidence around how much the bank will lend you to support the purchase of a first home. Having a pre-approval in place will help you understand your buying power, and it will also show sellers that you are a serious buyer.
Step 3
Finding the right property
The search begins!
Property type, location, schooling, and parking are just some of the things that you may want to consider when you're out hunting for your first home. It is important to remain flexible on your wish list and lean on agents and other property experts (including us as your trusty financial advisors) to help you find the right property for you and your family.
Step 4
Making an offer & due diligence
Taking careful steps
We will be there for every big decision you need to make during the home buying process. We will educate you on the various methods of sale, e.g. auctions, by negotiation, fixed price, and we will also be there to answer any questions you have prior to making an offer. Once you have an offer in place, we will work alongside you to tick off all conditions and due diligence required to finalise your first home purchase
Step 5
Legal assistance
Ensuring a smooth transaction
We can connect you with a solicitor to assist you with all of the paperwork and detail required to finalise your first home purchase to ensure a clear and comfortable process.
Step 6
Settlement
Pick up the keys to your new home!
All the hard work is done, and your big day has arrived! The final transfer of ownership of your new property into your name is completed, and the keys are now in your hands. Congratulations!
Why first home buyers choose Flax Financial
Access to lenders
We work with every major bank giving you a wide range products and options to choose from
Loan structure expertise
We will help you structure your new home loan to suit you and your financial situation
We stay with you
We will help you navigate all of your future financial decisions for your mortgage via annual reviews, re-fix assistance and any financial advice related to you and your property
KiwiSaver advice
We can provide qualified financial advice on how you can use your KiwiSaver to help purchase a first home, and we can also review and advise you on how best to reset your KiwiSaver fund with an eye to your future and retirement.
