At times, QLCHT are able to offer Starter Loans, which is home loan product offered to qualifying Shared Ownership households, providing a competitive fixed interest rate, fixed for the duration of the loan (up to five years).

How it works

Starter Loans are provided by Queenstown Housing Bonds Ltd, a wholly-owned subsidiary of QLCHT. They are for a five year term and intended for qualifying first home buyers, upon entering the Shared Ownership programme. Starter Loans are an alternative to bank home loans, with the benefit being a competitive interest rate fixed for the duration of the loan (up to five years), no early break penalties and lower set up fees.


To be eligible to apply for a Starter Loan, applicants must meet the following basic criteria:

  • The household must qualify for the Shared Ownership programme and be purchasing their first home
  • The household must be purchasing their first home
  • A home loan pre-approval must be obtained from SBS Bank, showing the household’s ability to refinance the Starter Loan at the end of the term (five years)  

Template agreements

View our template Starter Loan Agreement here. Please note that this is a template agreement only and may be subject to change.

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