Freehold Purchase
What is a Freehold purchase?
When purchasing Freehold, you purchase the house and land, with full ownership of the property.
How does it work?
We sell you the property in the same way as purchasing a home Freehold on the general market, but reduce the purchase price below its market value to make it more affordable.
When you want to sell, you make your own arrangements to sell to the general market (although you can check with us to see if we are interested in purchasing the property).
Who is eligible?
- Anybody who can meet the financial requirements i.e. sufficient deposit and bank approval for a home loan.
- Must be a New Zealand resident or citizen (legal requirement to purchase in New Zealand).
- Can be used as primary residence or for investment/rented out.
- Can own more than one property.