How KiwiBuild works
- You’ll need to register and pre-qualify at kiwibuild.govt.nz. To pre-qualify and enter ballots, you must have a home loan pre-approval.
- KiwiBuild will update you as new homes become available.
- Before entering ballots for homes you’re interested in, check with your ANZ Home Loan Coach that the homes meet our lending and security criteria*
- If you’re successful in the ballot, talk to your ANZ Home Loan Coach to confirm full loan approval before you sign an unconditional sale and purchase agreement.
- You’ll also need to pay a deposit to the KiwiBuild developer (usually 10% of the house price).
- Your ANZ Home Loan Coach will help you through the process of drawing down your home loan when your house is built.
For more information, check out our First Home Buyer Handbook.
Who is eligible?
To be eligible you must:
- be a first home buyer or a ‘second chancer’ (have previously owned a home but no longer own one, and be in a similar financial position as a first home buyer)
- be a New Zealand citizen or permanent resident, or a resident visa holder who is ‘ordinarily resident in New Zealand’
- have income of no more than $120,000 for a single purchaser, or no more than $180,000 for more than 1 purchaser
- intend to own the home, or live in it as your main place of residence, for at least 3 years.
Start the pre-approval process now with an ANZ Home Loan Coach:
* Before you enter a ballot, please tell us what type of property you’re looking to buy so we can check whether it will meet our criteria or whether we need to reduce how much we will lend to you. For example, we’ll only lend up to 50% of an apartment’s value if the floor area is less than 45sqm (for one bedroom apartments), 55sqm (for two bedroom apartments), or 65sqm (for three bedroom apartments).