Posted in First Home Buyers

In May, the Federal Government delivered the 2024-25 budget. It included several measures such as energy bill relief and rent assistance aimed at easing the cost-of-living pressures on Australians. For aspiring homebuyers, there are a few important announcements to be aware of that may help you get into the market sooner rather than later. Let’s take a look. Help to Buy Scheme funding The government allocated $5.5 billion towards its shared equity Help to Buy Scheme in 2024-25 for as...

Purchasing your first home is an exciting milestone, but saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. To understand your options, BOOK NOW. Consider options like Lenders Mortgage Insurance (LMI) to help achieve your dream of homeownership. Let's discuss the basics of LMI and answer some FAQs: 1) How does LMI work? LMI is a type of insurance that a lender take...

Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen. To help you understand your options, BOOK NOW. Here are several things to consider to get you started and on track for home ownership sooner than you think. 1) Set a Realistic Savings Goal Determine how much you need for a home deposit based on the property you want to buy and your lender's requirements. Typically, a deposit of at least 20%...

There’s nothing like buying your very first home. The excitement of knowing you can paint the inside whatever colour you like. The thrill of hammering a few nails into the walls for your favourite prints and not worrying about the consequences. You want your first-time buying property to be as straightforward and stress-free as possible, and so do we. For expert guidance, BOOK NOW. Here are some common mistakes to avoid when first starting out. 1) Seeking home loan advice from ...

You’ve picked out your dream home, your offer has been given the thumbs up, and now there’s just one big step left – settlement day. Settlement day is a mix of fun and formalities. As your mortgage manager, we’re here to make sure settlement ticks along without a hitch. What’s settlement day all about? Settlement day is the final step in your home-buying journey – it’s when the property is legally yours and you get those new keys. Your conveyancer ...