Tools & Advice
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Tools & Advice
At North Ridge Living we live and breathe property.
We are dedicated to providing quality, affordable homes in some of Christchurch’s best locations.
We undertake an extensive investigation as to what sites to develop and how to design the development in a practical way, so every well thought out home can continue to appreciate in value for investors and home owners alike.
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What is a turn-key home?
A turn-key home is a fully completed and move-in-ready property. When you purchase a turn-key home, you can start living in it immediately without the need for additional work or renovations.
Why should I buy a new-build?
Buying a new-build offers modern amenities, energy efficiency, and often comes with warranties. It eliminates the need for immediate repairs and allows you to enjoy the latest in design and construction.
Are your homes a good option for investors?
Yes! Tenants love new-build homes so buying off the plans is a great investment choice. New-builds require less maintenance compared to older homes, and are exempt from LVR restrictions so only require a 20% deposit.
What are the deposit requirements for a new-build home?
Deposit requirements vary but typically range from 5% to 20% of the property's value.
Can I use my KiwiSaver to purchase one of your properties?
If you have been a member of KiwiSaver for at least 3 years and intend to live in the property, you may be able to make a withdrawal from your KiwiSaver to put towards buying your first home.
I’m a first home buyer, am I eligible for financial support?
Kāinga Ora offers several products to help first home buyers into home ownership, these include the First Home Loan, First Home Grant, and KiwiSaver First-Home Withdrawal. You can check your eligibility on the Kāinga Ora website.
What is buying off the plans?
Buying off the plans involves purchasing a property before it is built or completed. Not only do you get a brand new property, but the price is fixed at the time of purchase so there is potential for capital gains even before moving in.
