Single and under 30? You’re a great fit for the 5% deposit scheme
Here’s how to secure one of the highly coveted 35,000 scheme spots spots in the federal government’s 5% deposit first home buyer scheme released on July 1.
Category: First Home Buyers
Want a first home buyer scheme spot? Here’s how to get the inside lane
We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack.
The two major parties’ first home buyer policies explained
Housing affordability is one of the key battlegrounds ahead of the federal election this Saturday. So what is each of the two major parties proposing to help first home buyers crack the market? Let’s take a look.
Budget winners: first home buyers, regional buyers, single parents
First home buyers, regional buyers and single parents keen to crack the property market are the big winners in this year’s federal budget – with 50,000 low deposit, no LMI scheme spots up for grabs.
Up to 4,600 first home buyer guarantees back up for grabs
Want to buy your first home with a deposit of just 5% and pay no lenders’ mortgage insurance? You could be in luck – the federal government will soon reissue up to 4,651 unused Home Guarantee Scheme spots.
How well has your salary kept up with house prices?
You’ve probably noticed that house prices in Australia consistently outstrip growth in wages. But by how much? And what can you do to make sure you’re not forever chasing the great Australian dream?
How 1-in-10 first home buyers cracked the market 4 years sooner
Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible?
Bar raised for borrowers: tougher home loan serviceability tests
Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most?
Nine in 10 FHBs trust brokers to help them buy their first property
Remember that classic TV ad: ‘nine out of 10 dentists recommend using [toothpaste brand]?’ Well, it turns out we’ve earned a similar level of trust when it comes to helping first home buyers sink their teeth into the property market.
It’s on! First home loan deposit schemes open for applications
If you’d like to buy your first home with just a 5% deposit and pay no lenders mortgage insurance (LMI), then you better act quick, as thousands of first home buyers are expected to rush to apply for the limited spots up for grabs.