Luke and Sally recently began the exciting adventure of buying their very first home.
This opportunity came about following the sad passing of Steve, from whom they received an inheritance. This opened the door for them to take their first step onto the property ladder something they had long hoped for.
From the very beginning, Luke and Sally involved their lawyer and that made all the difference. Before signing anything, their lawyer carefully reviewed the draft Agreement for Sale and Purchase.
Together, they worked through the terms to ensure Luke and Sally understood them fully, and that the Agreement included all the conditions they needed to protect their interests.
For many first-home buyers, these conditions often include:
Finance approval – making sure lending is in place.
KiwiSaver withdrawal or First Home Grant – ensuring these funds can be used in time.
LIM report – checking council records for any issues.
Builder’s report – confirming the home is sound and safe.
Toxicology report – reassurance that the property isn’t contaminated with any toxic substances such as methamphetamine.
Any other conditions the buyers consider necessary – because every purchase is unique.
Once the Agreement was signed, Luke and Sally’s lawyer continued to guide them through every step of the transaction. They assisted with satisfying each condition, provided clear instructions for paying the deposit, and managed all the details between the Agreement going unconditional and settlement day. From liaising with the bank to preparing loan and mortgage documents, their lawyer ensured nothing was left to chance.
Finally, on settlement day, Luke and Sally received the keys to their new home with peace of mind knowing that every stage of the process had been looked after with care.
At Edmonds Judd, we encourage buyers to involve their lawyer from the very beginning. From reviewing the draft Agreement, through the conditional and unconditional phases of the transaction, to settlement itself — having the right legal guidance makes the journey smoother, safer, and far less stressful.
Here’s to new beginnings and secure decisions.
Rachael Beattie