First Home Loan Deposit Scheme

Aug 15, 2019 5:17:01 PM

Saving a deposit for a mortgage is often the biggest hurdle for many first home buyers. Rising property prices in some areas in Australia means it can take years to save up enough of a deposit. Add to that the cost of Lenders Mortgage Insurance (LMI) and it’s easy to see why so many first home buyers struggle to get a foot onto the property ladder. But that’s all about to change with a Government scheme aimed at helping more first home buyers.

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Topics: First Home Owner Grant, first home buyer, Financial Advice, Home Loan Advice, Mortgage Advice, Australia Mortgage Broker, First Home Loan Deposit Scheme

A step-up for first-home buyers

May 22, 2019 9:39:23 AM

With the election results just in and the Coalition party having secured a majority government, there will be some changes ahead. Prime Minister Scott Morrison has introduced a new $500 million First Home Loan Deposit Scheme that will enable 10,000 first home buyers buy a home with only a five per cent deposit. Find out what you need to know as a first-home buyer.

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Topics: First Home, First Home Owner Grant, first home buyer, Mortgage Advice, First time homeowner, Australia Mortgage Broker, First Home Loan Deposit Scheme

Advice for Young Property Investors

Aug 13, 2018 10:20:56 AM

Getting a foot onto the property ladder is certainly no easy feat, and it’s easy to see why many young people simply give up their dreams of home ownership. But the fact is, the rewards of property investment ultimately outweigh the effort. To help you get started in your property investment journey, here is our advice for young property investors.

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Topics: Finance Update, Mortgage Broker, Home Loan, First Home Owner Grant, first home buyer, finance health check, Australia Mortgage, Financial Advice, Home Loan Advice

First Home Buyer Initiatives

Mar 24, 2018 12:00:00 AM

More first home buyers are entering the Australian property market, according to figures released by the Australian Bureau of Statistics in November 2017, a likely result of a combination of factors including low interest rates, a softer market, better buying conditions as well as a number of State-led initiatives aimed at helping first home buyers. Take a look at some of these.

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Topics: Mortgage Broker, First Home Owner Grant, first home buyer, mortgage rates, Mortgage Debt

A win for Victorian first-home buyers as stamp duty is axed

Mar 30, 2017 4:47:51 AM

For struggling first home buyers, a change to stamp duties could be just the boost they need. And Victoria’s new housing affordability solution – HomesVic – could see first home buyers co-purchasing property with the Victorian State Government to reduce the housing affordability crisis in Victoria. Read on to find out more.

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Topics: Australia, Finance Update, First Home, First Home Owner Grant, HomesVic, Stamp Duties

A closer look at Australia’s first home buyer grants

Mar 27, 2017 10:38:51 AM

First home buyers in Victoria are about to get a little more help getting onto the property ladder, as the First Home Owner Grant doubles from the start of the financial year. Elsewhere in Australia, first home buyers can access their own State and Territory First Home Owners Grants. Here’s a closer look at the Government financial help available in each region.

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Topics: Australia, First Home, Property Article, First Home Owner Grant