The ballot for first block of KiwiBuild homes is open

The ballot for first block of KiwiBuild homes is open
Photo credit: Newshub

The Government has opened the ballot for the first block of KiwiBuild homes.

The first 18 KiwiBuild homes, 12 three-bedroom and six four-bedroom homes, will sell for $579,000 and $649,000 at the McLennan development in Papakura.

"They are warm, modern and architecturally designed stand alone homes in a new family friendly community," Prime Minister Jacinda Ardern said.

"These first houses represent the first step in restoring the dream of home ownership for families priced out of the market in Auckland and around the country."

The ballot will be open for four weeks, and the winners will be notified shortly after it closes on October 5.

About 3500 people are currently going through the online pre-qualification process, and they can enter the ballot as soon as they are qualified.

Housing Minister Phil Twyford said 18 houses are expected to be completed at the McLennan development by Christmas, with another 58 to be completed in 2019.

"Buying a house is a big step for everyone, and I want to encourage all of those people who are interested in having a crack at home ownership through KiwiBuild to get advice," he said.

He advised that they "visit the houses and look at them as several hundred people did over the weekend, to talk to their bank manager and make sure they've got their finances and everything lined up".

"It does take a while to get through that pre-qualification process, but there are no prizes for coming first in that process - the ballot is open for four weeks and there's no hurry for people to pre-qualify," he said.

Newshub.