Friends join forces to fund first home, and it’s working just fine

  • A first home is not necessarily a place to settle down and bring up kids. It can be simply a home and an investment – that first step on the property ladder.

That’s how it is for Jess Shaw, 24 and Casey MacMillan, 39, two Navy colleagues who have pooled their resources to buy their first home in Kelson, Lower Hutt.

The pair paid $515,000 for their two-storey, four-bedroom house on the Western Hills, and moved into the home in December. For that price, they also acquired a large 900 square-metre section, garaging for three cars and fabulous views across Stokes Valley.

But how did the idea come about? Jess says she was thinking about buying a house herself, albeit a much cheaper one.

READ MORE:
* First home for Auckland couple who refused to be defeated
* First-home buyers in Wellington feel the heat and do it anyway
* Tips for first-home buyers looking to get a step on the property ladder

Pair

READ MORE VIA STUFF

SUPPLIED
Navy colleagues Casey MacMillan and Jess Shaw, who are based at Trentham, pooled resources to acquire their first home.

Comments Off on Friends join forces to fund first home, and it’s working just fine

Filed under New Zealand Property & Real Estate News, Uncategorized

Comments are closed.