Essential Tips for Preparing to Own a Home in New Zealand

Get Moving Quotes

When preparing to move into your new home, contact local moving companies and check their Google reviews to find a reliable service. Consider whether hiring a man with a van and seeking help from friends could be a cost-effective option, especially if you have fewer belongings as a first-time buyer. Remember that packing takes longer than expected, so use this opportunity to declutter and sell or discard items you no longer need.

Sell Unwanted Items on Trade Me

Before your moving date, make the process easier by selling items you don’t need or use. Explore Trade Me Selling, a comprehensive guide that explains how to turn surplus items into cash without the hassle of garage sales or Facebook selling. Even if you’re unfamiliar with Trade Me, it’s a user-friendly and affordable platform to utilize.

Obtain Home Insurance Quotes

Prior to settling into your new home, it’s crucial to have home insurance coverage from day one. Obtain quotes as soon as possible to ensure adequate protection. Consult our Home Insurance guide for comprehensive information, including estimating the rebuilding cost using our home insurance calculator.

Evaluate Life Insurance Options

As a homeowner with a mortgage, it’s important to consider life insurance, especially if you have dependents. Our life insurance guide helps you determine if you need coverage and compares various options while outlining essential factors to consider when choosing a policy.

Save on Broadband and Electricity

When moving, don’t assume your current service providers offer the best deals. Take advantage of the opportunity to switch and save. Consult our guide to the best electricity companies for assistance in finding the most favorable rates. Additionally, remember to record electricity meter readings upon moving in to avoid disputes over subsequent bills.

Find Affordable Furniture Online

If you require additional furniture, explore online platforms such as Trade Me, Facebook groups, and retailer sales. Avoid paying top dollar at furniture shops when you can save hundreds or even thousands of dollars by purchasing online.

Compare Insurance Options, Avoid Bank-Offered Policies

Banks often offer insurance policies such as mortgage, income protection, and house and contents insurance. However, these policies may not be the best or most cost-effective options in the market. Politely consider the policies but don’t feel obligated to accept them. Many banks prioritize profit over providing the best deals. Consider exploring alternative insurance providers that offer more tailored coverage to suit your needs.

By following these tips, you can better prepare yourself for the day you become a homeowner in New Zealand.

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