Progressive

Homeownership Scheme

Helping you take full ownership of your new home

Applicant Criteria  Quick Check

if you checked all of these boxes, do you have:

Maximum household income under $150K
A reasonable amount of debt including credit cards, store cards, pay later accounts and personal loans etc
One owner who will be in full-time work

FILL OUT AN APPLICATION OF INTEREST FORM

What is Progressive Home Ownership?

Home ownership is a journey that does not have to be taken alone.

If your borrowing capacity or deposit isn’t enough to purchase a fale, we can partner with you to provide the necessary funds to help cover the difference. We become joint owners with you in the fale, but you have the full rights to live in the home; essentially, we are just a ‘silent’ partner.

We commit to investing in the fale for 15 years, and during that time, we will work with you to take full ownership and buy us out.

We have team members ready to assist with budgeting and navigating your family through this journey.

What is INVOLVED?

Use the checklist above to see if you’re eligible for the scheme. If you think you meet the criteria and would like to talanoa about applying for the scheme fill out the application of interest form below. Alternatively, you can call us on 0800 PASIFIKA (727 434) to talanoa about the scheme. You may be closer to owning your own home than you think.

While our team will be able to help you and your family navigate through this journey, the more information you have ready for us will allow a smoother journey to owning your first vale.

Some documents we will need to include:

Payslips
Bank Statements
Employment contract showing annual salary
Information on any consumer debt or pay later schemes you might have

Have debt? We can talanoa about having a personalised budget for your fāmili to possibly combine any reasonable amount of debt. Having debt is not a deal breaker.

FILL OUT AN APPLICATION OF INTEREST FORM

The Homes

We have five homes available in the new Te Pakau Maru development in New Brighton. The homes will be completed in October 2024 ready for you to move in.