Thanks! Almost a year ago, now. There’s a lot more to home ownership than I had expected – let’s just say my life is DIY! I spend a lot of time at Bunnings.
Actually, I found myself in quite an unusual situation. I was really fortunate in that I was able to purchase the property I was renting. It needs quite a bit of work!
It was important to me to choose an ethical KiwiSaver. That's why I changed to Booster. A few years ago, some friends and I did some research about what was the most ethical KiwiSaver fund, and it was Booster's SRI fund. It was really important to me that my money was invested ethically.
I wasn’t actually looking to buy a house until I was like, “Oh I don’t want to go and find somewhere else to rent, maybe I could buy it?” So, I was very, very lucky. It’s a bit of an unusual way to go about buying a house.
It wouldn’t have been possible without having a KiwiSaver deposit. Also, when you go and talk to a mortgage broker and so on, it’s a big factor when they’re looking at what you’ve got.
Not really. There was no forward planning for me in buying a house! I had increased my contributions a couple years ago as I changed into a better paid role, but I didn’t do anything else prior to purchasing my home.
Withdrawing my KiwiSaver funds for my deposit was much easier than I had imagined! I had lots of crazy questions and lots of emails and the Booster team were amazing. The stress of all the things you need to do in order to buy a house and keeping track of everything – Booster made it really simple.
I mean, it’s great because it’s just part of my contributions through work. I have reduced it down to the minimum because I have to pay for things like a new roof and stuff.
Just put as much as you can into it as fast as you can. My only wish was that I had started contributing to my KiwiSaver much, much earlier. Also make sure you research where your money's being invested. Booster's SRI funds mean I am able invest ethically - which is really important to me.