Deposit scheme for FHO


Keeping it Simple – Saving that Deposit

A Plan to Save means the goal of your own home is on its way. My favourite First Home Owner has this savings plan on the fridge so she is reminded daily of her Big Dream. It’s so easy to be tempted away, even a bit of retail therapy can dent the resolve!  Here are […]

Deposit gap scheme opens the door to home ownership: UDIA’s Connie Kirk

 The introduction of legislation giving effect to the Commonwealth Government’s deposit gap scheme is the first step in easing the pathway to home ownership. The scheme – promised on the eve of the federal election – helps reduce barriers to home ownership by closing deposit savings requirement and effectively reducing mortgage insurance costs. We welcome […]

Finally a First Home Owner Loan Deposit scheme

Prime Minister Scott Morrison has announced a new First Home Loan Deposit Scheme that will enable first home buyers to access a mortgage with a 5 per cent deposit. Mr Morrison said: “It can take nine to 10 years for an average household to save a deposit. We want to help Australians realise the goal […]

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