Business
First Home Loan Deposit Scheme expanded by 10,000 extra places – The New Daily
An extra 10,000 first-home buyers will be able to purchase a home with a deposit as low as 5 per cent under an extension to a key government policy.
An extra 10,000 first-home buyers will be able to purchase with deposits as low as 5 per cent under an extension to the federal government’s First Home Loan Deposit Scheme.
But unlike the original, the extension only applies to newly built homes and comes with higher price caps.
In a bid to stimulate the economy and keep more tradies in jobs, the Morrison government will include in the Federal Budget an extension to the scheme that runs from October 6 to June 30, 2021.
As with the original ph…
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