Introduction Buying your first home is one of the most exciting milestones of your life, but it can also be one of the most daunting. Sadly, recent interest rates have risen, and the soaring cost of living and sky-high rents have left many Australians feeling like they’ll never buy their first home. We’ve written this
A professional mortgage broker can tell you exactly what government incentives you qualify for. Maximise what you get, and get into your new home sooner. Discover everything you need with a top-rated Sydney Mortgage Broker or Melbourne mortgage broker as quickly as this week—at no charge. From a financial point of view, buying your first
Stepping into the world of home ownership can be both exciting and daunting, especially for first-time buyers. With a myriad of loan options, government schemes, and expert advice, navigating the process can feel overwhelming. Fear not! This comprehensive guide on the best home loan options for first home buyers will demystify the journey, offering valuable
With the rising cost of living making it harder to save for a deposit, lenders now recognise strong rental history as proof of financial discipline. When you apply for a mortgage, most lenders require evidence of genuine savings, especially if your loan-to-value ratio (LVR) is over 80%. That is, if you’re borrowing more than 80%
TL;DR Sydney’s property market has rebounded strongly in 2025. Median house prices have reached $1.53 million, about 2.2% higher than a year ago. Lower interest rates and a shortage of new housing are the main reasons behind the price growth. Affordability is still a sticking point for many people. Most analysts think prices will keep
When embarking on the journey of homeownership, the path to securing a mortgage is often paved with complexities and unique terminologies. Among these, the concept of ‘non-genuine savings’ often emerges as a perplexing hurdle for many prospective homeowners. In this comprehensive guide, we’ll demystify non-genuine savings, outlining their significance, implications, and how they differ from
Navigating the path to buying your dream home or embarking on significant renovations requires more than just a desire; it necessitates a solid financial foundation. Among the critical elements in this journey is the concept of genuine savings. This guide is tailored for homebuyers and individuals looking to refinance for renovations in Australia, breaking down
The journey of buying a home in Australia often involves understanding the role of a guarantor, especially for first-time buyers or those looking to refinance for renovations. A guarantor is someone (usually a family member) who agrees to be responsible for a loan if the primary borrower fails to make repayments. This role is particularly
As a first home buyer, you may be entitled to financial incentives that could make it easier to buy your first house. In Australia, federal and state governments offer several programs to support first-time home buyers. This helps young people break into the property market, often purchasing a home sooner than would otherwise be possible.
Buying a house is an exciting step towards financial freedom! But what should you keep in mind when purchasing your first property? In Sydney, the home buying process includes many steps and legal requirements that you’ll need to be aware of to ensure a positive experience. A mortgage broker or financial advisor can help with
Buying a property is a big step in your journey to financial freedom, so it’s important that you understand how to navigate the process and get the most value for your purchase. Before you buy property for the first time, it’s a good idea to consider your options and learn about the real estate market
Are you buying your first home? Whether you’re an owner-occupier or planning to purchase an investment property, buying a home is an exciting journey. But there are many things you’ll need to learn to get the best possible value for your money. Before purchasing a new home, it’s important that you understand your rights and obligations as
