SAVE THOUSANDS BY SECURING GOVERNMENT GRANTS
This month, the Australian Bureau of Statistics released new Lending Indicators data, highlighting more than one in three loans were issued to first home buyers (FHBs).
In the last three months to July 2024, loans issued to FHBs made up 35.4 per cent of the overall home buying market. With land now selling from $545,000 and home and land packages starting at $885,000, Bingara Gorge is witnessing an uptick in enquiry and purchases from FHBs.
According to Xavier McCoy, Credit Advisor at Mortgage Works, buying a home can be a stressful experience when you have knowledge gaps and more so for a first property purchase.
“Using a mortgage broker to help navigate the banking environment and secure government grants can swap stress for excitement. With the right information purchasers can save thousands when buying their first home.”
