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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.