OWN IT OWN IT

OWN IT

with Tāmaki Affordable Homes

OWN IT helps whānau like you buy their first home, right here in Tāmaki.

Owning your own home can change your life. It gives your whānau stability, and it can be the start of a better future for generations to come. Buying a home is not always an easy thing to do, especially if you earn a low or middle income in Auckland. But help is here for you. As part of the Tāmaki regeneration programme, 1,500 new homes are being built especially for whānau with a connection to Tāmaki. OWN IT has been set up to help you to buy one.

"BEING A HOMEOWNER IS AMAZING; TO KNOW YOUR MONEY IS GOING TOWARDS YOUR FUTURE."

Toko and Rose joined the OWN IT programme in 2015 and now own their own four-bedroom home where they live with their four children. Rose says that being in the programme taught them, step by step, what they needed to do to become mortgage ready, including how to save for a deposit and reduce their debt. Toko says that as a father and a husband, buying a home is one of the things he is most proud of.

Step 1.
TALK TO OUR FRIENDLY TEAM

The first step is to come along to a free info session or contact one of our team.

You’ll find out:

  • The best way to get ready to buy your own home in Tāmaki, depending on your situation
  • How to apply to get started on your OWN IT journey

Step 2.
JOIN THE FREE OWN IT WORKSHOPS

For everyone in Tāmaki - no matter what your household income is.

  • Get yourself ready to apply for a mortgage
  • Learn about financial help available to buy your home
  • Get the skills to build a financial plan for your whānau (pay off debt and save for a deposit)

Step 3.
GET ON THE PATH TO OWN IT

There are two paths to buying an OWN IT home:

For Tāmaki whānau with a household income of around $85,000-$130,000
You can share the ownership of an OWN IT home with us at first. This makes your loan payments lower so they’re easier to afford. We’ll also share any increase in the value of the house with you. As time goes on, you can buy our share until eventually you own the whole house.

For Tāmaki whānau with a household income of up to $85,000
You can move into an OWN IT home and pay affordable rent until you’re ready to buy the house. This will give you more time to pay off debt and save for a deposit. We’ll also share any increase in the value of the house with you. When you’re ready, you can buy your home by sharing the ownership with us at first.

Whatever path you take, our friendly team will work with you at every step of the way, including signing you up, matching you with the right home, and helping you to apply for a mortgage.

Step 4.
OWN YOUR HOME FULLY

You eventually become the sole owner of your OWN IT home when you’re ready to buy our share.

Don’t worry if some of this seems a bit complicated. If you’re a Tāmaki local, we can help you get ready to buy a home. Just get in touch with us today and we’ll show you how it all works.

“IT FEELS LOVELY TO COME HOME FROM WORK EVERY DAY AND KNOW THAT THE HOUSE IS YOURS.”

Aroha was raised in Glen Innes and her Mum, Whaea Esther Hunt, was the founder of Te Kura Kaupapa Māori o Puau Te Moananui a Kiwa. She is thrilled to have a home in a community she has deep connections with, and to be able to create security for her tamariki. She says working with OWN IT to become mortgage-ready has given a real boost to her confidence and self-belief.

READY TO OWN IT?

It’s normal for people to start their OWN IT journey with debt or no savings. But with hard work and lots of support, most people who work with our team pay off their debt and get ready to buy their own home.

You don’t have to be perfect. You just have to get started. Get in touch with the team.

Register your interest
"I'm really proud that I was able to save and buy a home for my kids."

Mārena bought her own home in Glen Innes this year through OWN IT. She says doing the OWN IT Workshops gave her confidence. “I felt like the OWN IT team was setting me up for success from the start.” She’s keen to pass the financial skills she’s learnt on her OWN IT journey down to her four tamariki. “I want to show them that owning a home is possible for them, too.”