Page 3 - Rob Lees News Today

First-time buyers who manage to scrape enough of a deposit together to get into the pricey property market are being warned to do their sums with care.

First-home buyers face an ever-shifting deposit hurdle, described by one buyer as like ‘chasing a unicorn’. The federal government’s expanded Home Guarantee scheme helps buyers, but risks pushing up prices further.

Home buyers in flood-hit areas face higher deposit requirements, reduced valuations, higher fees and delays in approval times. But access to information can help.

Home buyers in flood-hit areas face higher deposit requirements, reduced valuations, higher fees and delays in approval times. But access to information can help.

Home buyers in flood-hit areas face higher deposit requirements, reduced valuations, higher fees and delays in approval times. But access to information can help.

Aspiring homeowners who missed out in the Piranha-like property market of 2021 will be hoping for calmer waters in 2022. So what are their chances?

Aspiring homeowners who missed out in the Piranha-like property market of 2021 will be hoping for calmer waters in 2022. So what are their chances?

Aspiring homeowners who missed out in the Piranha-like property market of 2021 will be hoping for calmer waters in 2022. So what are their chances?

Aspiring homeowners who missed out in the Piranha-like property market of 2021 will be hoping for calmer waters in 2022. So what are their chances?

Property prices are sky-high, but many people will find it harder to buy as a lending clampdown cuts their borrowing capacity by as much as 15 per cent.