How to qualify

● Have earned less than $85,000 before tax for a single buyer or less than $130,000 as a couple in the past 12 months.

● Not currently own any property.

● Have contributed the minimum amount or more to KiwiSaver for at least three years

● Purchase a property that is within the regional house price caps:

● Auckland or Queenstown Lakes: Existing home less than $600,000 or new build below $650,000.

● Regional towns: Existing home less than $500,000 or new build below $550,000, in Hamilton, Tauranga, Western Bay of Plenty, K¯apiti Coast, Porirua, Upper Hutt, Hutt City, Wellington, Tasman, Nelson, Waimakariri, Christchurch, Selwyn.

● Rest of New Zealand: Existing home less than $400,000 or new build below $450,000.