With the property prices where they are today, it could be a good time to buy your first home. But getting onto the property ladder is still hard for first home buyers.
Many think that they need 20% of the purchase price as a deposit before they can get a loan and whilst this is true if you want to avoid paying mortgage insurance, there are still ways to buy your first home with little or no deposit. Continue reading Buying Your First Home With Little or No Deposit →
With many off-the-plan developments taking years to complete, buyers might want to reconsider how much deposit they put down on a flat they won’t occupy for a long time.
Under the Sale of Land Act, a deposit cannot exceed 10 per cent of the purchase price of an OTP unit but that doesn’t mean the deposit must be the full 10 per cent. Continue reading Make money while waiting →
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