Business
First Home Loan scheme: Buyers now only need 5 per cent deposit – NEWS.com.au
First Home Loan scheme: Buyers now only need 5 per cent deposit
First homebuyers are being helped onto the property ladder sooner with a government incentive allowing them to pay a house deposit of just five per cent. The Federal Government’s popular First Home Loan Deposit Scheme is open to 10,000 eligible first homebuyers.
To be eligible, singles must have a taxable income of less than $125,000, while couples must have earnt no more than $200,000 in the last financial year.
Needing only a five per cent deposit, the Government acts as a guarantor for the …
-
General21 hours agoQueensland government expands youth justice laws, David Crisafulli tells UN critics ‘you don’t control me’
-
General23 hours agoRestaurants on the brink as business failures plateau
-
General20 hours agoCharlotte McConaghy calls for climate change action in new novel Wild Dark Shore
-
General22 hours agoChina says Donald Trump’s Golden Dome plans risk weaponising space