First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme is a Government-backed initiative to help Australians get into their first home sooner.

Borrowers flock to first week of First Home Loan Deposit Scheme

Borrowers flock to first week of First Home Loan Deposit Scheme

With first-home hopefuls set to face rising prices already in the housing market this year, the First Home Loan Deposit Scheme will offer help to a select number of buyers who may not have the backing of wealthy parents.  The scheme will allow 10,000 first-home buyers to purchase their first home each financial year with as little as a 5 per cent deposit, without incurring lenders mortgage insurance.

8 Steps to Getting Started in Property Investment

8 Steps to Getting Started in Property Investment

Don’t rule out property investment until you’ve done the numbers.  You’ve read the books, magazine articles and reports. And you’ve been religiously checking real estate websites for properties. But when push comes to shove, you never follow through.   Don’t worry, you’re not alone. In fact, despite real estate being a national pastime, only 8.4% of Australians, or roughly 2.1 million people, owned an investment property, according to the Australian Tax Office.