Put down 5%. Living Systems comes in as your equity partner for 15% of the home, at no interest and no fee. You borrow only 80%, so you skip the low-deposit penalty and your monthly is lower from day one.
How it works
A 5% deposit gets you a home, because we come in alongside you for 15% at no cost to hold, and the bank only lends the rest.
Your part
A 5% deposit from savings or KiwiSaver. That is all it takes to get in.
Cash or KiwiSaverOur part
Living Systems comes in as your equity partner for 15% of the home. No interest, no fee, no rent on our share.
Interest-freeThe bank
A standard mortgage on the other 80%, so you skip the penalty banks add on low deposits.
Day one
It is your home from the day you move in, owner-occupied. Our 15% simply sits alongside you.
Around year five
Over about five years, buy back our 15% and own your home outright, at the home's value then. Refinance or use savings.
The aim: 100% yoursAn example
A three-bedroom townhouse at $865,000. A 5% deposit gets you in, and the aim is to own it outright in about five years. Figures are an example. Yours will differ.
Getting in · day one
Your 5% deposit is all it takes to get in.
Buying us out · around year five
The aim: own your home outright.
You buy back our 15% at the home's value at the time, and it becomes fully yours. You keep 85% of any growth. Most people refinance to buy us out, or use savings.
You got in for a 5% deposit, and about five years later, the aim is to own your home outright.
Example figures for illustration only, not an offer or a quote. Our 15% is interest-free and fee-free, and is bought back at its market value at the time, so we share in 15% of the home's rise or fall and you keep 85%. Owning outright in about five years is the aim, not a fixed deadline, and you will need bank approval to refinance. Homes are new and owner-occupied, and a limited number are on the shared-equity pathway. Eligibility applies.
Who it's for
Shared equity suits people who can comfortably carry a mortgage, but do not have a big deposit saved.
Who it's for
This is a guide, not a test. Linda will talk it through, and Tessa can line up the finance, with no guesswork.
Email Linda to check →linda@livingsystems.nz · 027 825 4148