𝗕𝗶𝗴 𝗻𝗲𝘄𝘀 𝗳𝗼𝗿 𝗳𝗶𝗿𝘀𝘁-𝗵𝗼𝗺𝗲 𝗯𝘂𝘆𝗲𝗿𝘀!

The Federal Government has announced that from 1 October 2025, you’ll be able to buy your first home with just a 5% deposit - and without paying Lenders Mortgage Insurance (LMI).

𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗶𝘀 𝗺𝗲𝗮𝗻𝘀 (𝗶𝗻 𝗽𝗹𝗮𝗶𝗻 𝗘𝗻𝗴𝗹𝗶𝘀𝗵):

• The scheme was originally due to start Jan 2026, but it’s been brought forward three months.

• There are no income caps and no limit on places, so it’s open to all first-home buyers.

• It could save you tens of thousands in LMI costs (depending on your purchase price).

𝙎𝙤𝙢𝙚 𝙚𝙭𝙥𝙚𝙧𝙩𝙨 𝙝𝙖𝙫𝙚 𝙛𝙡𝙖𝙜𝙜𝙚𝙙 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚 𝙨𝙘𝙝𝙚𝙢𝙚 𝙢𝙞𝙜𝙝𝙩 𝙖𝙡𝙨𝙤 𝙙𝙧𝙞𝙫𝙚-𝙪𝙥 𝙥𝙧𝙞𝙘𝙚𝙨, so it’s worth going in with your eyes open - but for many locals it could be the chance to get into the market sooner.

𝙄𝙛 𝙮𝙤𝙪’𝙧𝙚 𝙩𝙝𝙞𝙣𝙠𝙞𝙣𝙜 𝙖𝙗𝙤𝙪𝙩 𝙗𝙪𝙮𝙞𝙣𝙜 𝙮𝙤𝙪𝙧 𝙛𝙞𝙧𝙨𝙩 𝙝𝙤𝙢𝙚, 𝙜𝙞𝙫𝙚 𝙢𝙚 𝙖 𝙘𝙖𝙡𝙡 - I’ll help you make sense of the fine print before you sign. Rebekah