If you’re starting your property journey, this is the episode for you! NSW’s #1 Mortgage Broker, Chris Bates sits down with Rask’s Melissa Vincent to break down some of a first home buyer’s questions and concerns.
There is a lot to consider as a first home buyer, and it can be daunting to leap from a renter or saver to a homeowner.
On this episode of the Australian Property Podcast, we discuss:
- What should a future first-home buyer be thinking about?
- Deposits – how much do you really need? What is lender’s mortgage insurance? Can I get a parental guarantor?
- Lending capacity during rising interest rates
- Property options – new build, fixer upper
- What future considerations do you need to factor in – work, partner, family
- Dangers of off the plan
- What to consider if you are hoping to get capital growth from your property?
