Building for Kiwis: A Look at the Future of Homes
What will the 27th of November NZ OCR announcement bring? As we look to the future of housing in New Zealand, it’s clear that the way we build, live in, and think about homes is evolving. With rising costs, changing lifestyle needs, and an increasing desire for sustainability, predictions show that the demand for smart, affordable, and flexible housing solutions will continue to grow in the coming years.
At Transbuild, we are ready to help Kiwis achieve a place to call home – now and in the future.
The upcoming OCR announcement on 27th November 2024 is widely expected to include a 25 basis point reduction, potentially lowering rates to 5.25%. According to the Reserve Bank’s November 2024 Survey of Expectations, rates may continue to fall, potentially reaching around 4.20% by year’s end and 3.33% by 2025. This outlook is influenced by easing inflation and slowing demand within the economy. For homebuyers, particularly first-home buyers or those considering building a new home, this could be excellent news, making mortgages more affordable and increasing accessibility to housing options.
Mortgage rates are closely tied to the OCR, so lower rates can reduce monthly payments, making it an ideal time for Kiwis to explore building their own home or investing in property.
We’ve always been committed to providing high-quality, architecturally designed transportable homes that are both functional and stylish. We believe that everyone deserves to have a space to call their own, and we’re excited to be part of the solution for Kiwis across the country. Whether you’re a first-home buyer, building your dream home, or downsizing to a more efficient living space, our team is here to help.
We offer a range of well-designed plans that combine modern aesthetics with practical living spaces. Plus, we offer the flexibility to make your home truly yours with a variety of options and upgrades, allowing you to personalise your design.
How Transbuild Can Help
- Quick Build Times: Our offsite construction model means that homes are built faster and with fewer delays compared to traditional builds. This is ideal for Kiwis who need a home quickly, without compromising on quality.
- Customisable Plans: We believe your home should reflect your unique style and needs. Our well-designed plans offer the flexibility to add your personal touch, with options and upgrades available to customise your space.
- On Budget, On Time: At Transbuild, we’re committed to delivering your home on time and within budget. No surprises, just great quality homes that are ready when you are. Your new home can be delivered in just 12 weeks.
- Navigating Council Consents & Compliance: Our team streamlines the council submission process for you by managing most of the paperwork required to obtain both building and site consents. We handle key steps like obtaining initial building consents, preparing and submitting for site consent, and securing the Code of Compliance Certificate (CCC) for your home.
- Sustainable Options: We understand the growing demand for sustainable living solutions. Our homes are built with energy efficiency in mind, helping you reduce your carbon footprint while still providing a warm, comfortable space.
- Expert Finance Advice: While we work with trusted partners, we understand that everyone’s financial situation is different. If you need assistance with financing, we can direct you to suitable options and expert advice to help guide you through the process and ensure you find the right solution for your needs.
