Posted in 5% deposit scheme
Breaking: Major change to 5% deposit scheme could save you thousands.
Posted by Chris Collard
on 2 September 2025
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If you’ve been dreaming of owning your first home, there’s big news that could make it easier than ever to take that next step.Starting 1 October, the government is expanding the Home Guarantee Scheme, allowing eligible buyers to purchase a property with just a 5% deposit, and no lenders mortgage insurance (LMI). That’s a potential saving of tens of thousands of dollars.BOOK NOWWhat’s changing?No income limits – anyone buying their first home can apply.Higher property price caps –...
Posted in:First Home Buyerssmart investinghome buying5% deposit schemehome guarantee scheme |