Buying a house - downpayment
Oct 2nd 2006, 10:56 am
#1
Thread Starter
Joined: Apr 2006
Posts: 1,118
Buying a house - downpayment
Please tell me there isnt a 35% downpayment when you buy a house in NZ as the Outbound Publishing newspaper article suggests??
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
1. Finalisiing your UK affairs
2. The 35per cent downpayment for your home, if applicable, plus NZ$2,500 incidentals;
3. Shipping etc etc
2. The 35per cent downpayment for your home, if applicable, plus NZ$2,500 incidentals;
3. Shipping etc etc
Oct 2nd 2006, 6:51 pm
#2
By name and by nature
Joined: Mar 2005
Posts: 1,852
Re: Buying a house - downpayment
Nah! 10% is standard but of course if you do have 35% you're laughing 
Oct 2nd 2006, 7:00 pm
#3
Thread Starter
Joined: Apr 2006
Posts: 1,118
Re: Buying a house - downpayment
Originally Posted by Batty
Nah! 10% is standard but of course if you do have 35% you're laughing
Oct 2nd 2006, 7:32 pm
#4
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Joined: Dec 2005
Location: khandallah, wellington
Posts: 720
Re: Buying a house - downpayment
Originally Posted by dreamfish
Please tell me there isnt a 35% downpayment when you buy a house in NZ as the Outbound Publishing newspaper article suggests??
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
Oct 2nd 2006, 9:27 pm
#5
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Joined: Sep 2003
Location: Brisbane
Posts: 977
Re: Buying a house - downpayment
Originally Posted by dreamfish
Please tell me there isnt a 35% downpayment when you buy a house in NZ as the Outbound Publishing newspaper article suggests??
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
to quote them:
So in a nutshell what shoul dyou budget for when emigrating?
but it is relatively easy to get a 90 or 95% loan.
Oct 2nd 2006, 9:47 pm
#6
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Joined: Oct 2005
Location: Blenheim, NZ
Posts: 1,504
Re: Buying a house - downpayment
[QUOTE=dreamfish]Please tell me there isnt a 35% downpayment when you buy a house in NZ as the Outbound Publishing newspaper article suggests??
We were offered 95% mortgage with National Bank.
We were offered 95% mortgage with National Bank.
