Chamberlain Property Advocates | Your Melbourne Buyer & Sellers Advocate
Your Melbourne Buyer & Sellers Advocate
First home buyers are set to benefit from the government's loan deposit scheme, which took effect on January 1, 2020. The first home loan deposit scheme will be available to those first home buyers purchasing properties up to a maximum amount. The threshold will also depend on the property's location. Eligible buyers on qualifying incomes can avail of up to 10,000 loans each financial …
Continue Reading about Details of First Home Buyer Loan Deposit Scheme Unveiled →
As many first home buyers struggle trying to get into the housing market, a new government scheme has been announced in the hopes of helping them take the first step on the property ladder. The First Home Loan Deposit Scheme will lower the required home deposit from the current 20%, to just 5%. A government guarantee will fund the difference of 15%. This government initiative will kick off …
Continue Reading about Government announces First Home Buyer Deposit Scheme →
