Built to Belong — rent your way to owning a home at Peachgrove East

How it works

Five steps from renting to owning.

No deposit to start. No fixed deadline to buy. The Community Wealth Fund helps you over the line by matching what you save.

Day 1

Move in

A secure five-year lease at market rent. Four weeks bond, and it becomes the start of your deposit.

Your bond becomes deposit

Every week

Live well for less

A warm Passive House and shared amenities lower your bills, so there is more left to save. Rent only rises with CPI.

HomeBoost

Save, and we match it

For every dollar you save each week, the Community Wealth Fund adds one, up to 5% of the home's value.

Between $36,000 and $43,500

When you're ready

Ask to buy

Ask to buy the home you're in, or use your deposit on another that comes up in the community. You choose when.

Year 5

You become an owner

Your bond, your savings, the HomeBoost match and your KiwiSaver come together as your deposit, and you buy.

Your deposit is yours, and it travels with you. You can ask to buy the home you rent. If it is not for sale, your HomeBoost deposit moves to another home in the community.

Examples

The same path, two homes.

Bigger home, bigger match. The deposit you build scales with the home you choose. Figures are an example. Yours will differ.

Two-bedroom $720,000 rent $650 / week Deposit ready$94,600

Your bond$2,600

Your savings$36,000

HomeBoost match$36,000

KiwiSaver$20,000

Your savings are matched dollar for dollar, up to 5% of the home's value. Four weeks bond is $2,600.

Three-bedroom plus $870,000 rent $780 / week Deposit ready$110,120

Your bond$3,120

Your savings$43,500

HomeBoost match$43,500

KiwiSaver$20,000

Your savings are matched dollar for dollar, up to 5% of the home's value. Four weeks bond is $3,120.

You move in for a bond, and five years later you have a deposit you built while living here, ready to buy a home in the community you already belong to.

Example figures for illustration only, not an offer or a quote. Rent, your savings and KiwiSaver will differ. The HomeBoost match is up to 5% of the home's value, dollar for dollar with what you save. You can request to buy the home you lease; the owner is not obliged to sell, so your deposit can be used on any home in the community that comes up for sale. A limited number of homes are on the Built to Belong pathway and eligibility criteria apply.

Move in now. Own a home here.