National Expands 5% Deposits for First Home Buyers: Does It Stack Up? | Episode 534
Cheques and BalancesShow Notes
A 5% deposit could get thousands more Kiwis into their first home - but is it really as good as it sounds? James and Mike unpack National’s proposed changes to the First Home Loan scheme, including the new $300,000 income threshold, what buying with just 5% actually looks like, the risks of taking on more debt, and whether bringing more first-home buyers into the market could ultimately push property prices higher.
Next Steps: Buying your first home? Download our free First Home Buyers Guide to help you get started.
Ready to take the next step? Get in touch with the Lighthouse Mortgages team to understand your options.
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