NZ New Build Buyer's Guide

Everything you need to know before buying a new build in New Zealand — turnkey vs build contracts, Masterbuild warranties, progress payments and how to protect yourself.

Turnkey vs build contract explained Progress payment stage guide Masterbuild warranty explained PDF emailed instantly

What's Inside

New build vs existing — advantages, risks and builder failure protection
Turnkey vs build contract — payment structures and risk profiles
Masterbuild 10-year guarantee — what it covers and what it doesn't
Progress payment stages — what to check before you pay each stage
Contract checklist — fixed price clauses, PC sums, completion penalties
Pre-handover inspection — full checklist including CCC requirement
Finance — construction loans vs standard mortgage
Pre-signing checklist — everything to confirm before you commit

NZ New Build Buyer's Guide

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What the Guide Covers

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Turnkey vs Build

Payment structures, risk profiles and deposit protection

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Masterbuild Warranty

What the 10-year guarantee covers and how to verify it

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Progress Payments

Stage-by-stage guide to what to check before you pay

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Contract Checklist

Fixed price clauses, PC sums and completion penalties

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Handover Inspection

Full checklist including the non-negotiable CCC requirement

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Finance

Construction loans, bank requirements and First Home Grant

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