31/05/2021
The recent Federal Government 2021/2022 Budget has introduced a number of measures aimed at helping first home buyers enter the market including:
1) New Home Guarantee Scheme will be boosted by another 10,000 places - where first home buyers can have their lenders mortgage insurance subsidised by the federal government, when they have as little as five per cent (5%) deposit.
2) Family Home Guarantee - A new initiative will see single parents able to purchase a home with just a two per cent (2%) deposit (subject to eligibility criteria)
(3) The First Home Super Save Scheme will allow first timers to access as much as $50,000 from their superannuation to purchase a house.
Please call Wayne on 0417742928 for more details & for a free over-the-phone strategy discussion on how you may be able to secure your first home.
