Buying a second home

Changing properties is a lot more complicated than buying your first home

Should you buy first or sell first? Should you sell at all? If you’re looking at getting into your second home, talk to us first. It’s a great time to review your financial position and make sure you’re getting the best possible deals and advice.

We can discuss things like deposit bonds, a substitute for the cash deposit required when purchasing residential property which can be used for all or part of the deposit required, up to 10% of the purchase price.  This means that you do not have to pay the deposit in cash when contracts are signed, you simply pay the full purchase price including the deposit at settlement meaning your money can stay tied up in term deposits or your existing property right up until it’s needed.

Before you start your journey up the ladder, come talk to us.

Check out one of our favourite clients, Court’s story of how she got into her second home: click here.

Buying a second home