First Home Buyers
NSW Stamp Duty Changes: What Are The Benefits?
We have updated information regarding the NSW Stamp Duty reform here. close The New South Wales government is proposing to abolish stamp duty as part of its 2020-21 budget announcement on 17 November 2020. Instead of paying stamp duty upfront,...
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$1 LMI For First Home Buyers
error The $1 LMI campaign offered by banks has now concluded. Please visit Waived LMi Or No LMI to find out what offers are available. A non-major lender has announced that you’ll only need to pay $1 in Lenders Mortgage Insurance (LMI) if you’re borrowing 85% of...
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First Home Loan Deposit Scheme: How To Secure Your Spot?
It came as no surprise that first home buyers quickly snapped up all 10,000 places of the First Home Loan Deposit Scheme during the last financial year. Under the scheme, first home buyers with a 5% deposit saved anywhere between $10,000 and $30,000 in LMI fees based on the...
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How Are First Home Buyers Bridging The Deposit Gap?
Seven in ten recent first home buyers (FHB) did not fund 100% of the deposits from their savings, according to The Genworth First Home Buyer Sentiment Report. To bridge the deposit gap, both recent first home buyers and prospective first home buyers are increasingly looking...
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