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How to match first-home buyers with everyday investors
What do you think of the new online NZ platform Levridge aiming to match first-home buyers with everyday investors? Those with money to invest, put up a 20 percent deposit and those who have an income, but don't have enough to pay a deposit, take on the mortgage and live in the house.
After five years, the house can be sold and the two parties split the capital gains 50/50. Amy Wilkes is director of online house-buying platform Levridge.
What it costs To buy or invest
FOR BUYERS
In summary, a first home buyer is likely to have upfront fees of approx. $3,000-$4,000.
FOR INVESTORS
In summary, as an investor you will need to have sufficient capital to invest 20% of the value of the property, plus upfront fees of approx. $10,000.
Full description is detailed on their website.
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What's the best way to keep grocery shopping bills down?
We are still feeling the pinch and the weekly shop is no different. So we are after your cost-saving tips please, neighbours!
What’s the best way you've found to cut down on your grocery bill? Share below (and hear tips from others!)
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Show us your winter craft or DIY projects
When we are stuck inside, it can be a time to get creative. And we think Neighbourly members are quite a creative bunch. So, let's fill the Neighbourly newsfeed with crafty creations from across the country.
Share a photo below of your craft projects, recent DIY, or your hobby. You may just inspire someone else!
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How much are you paying for your bin tags?
With bin tags on the way out, we want to hear how much you are still spending on them.
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