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No deposit for first homebuyers

Article image for No deposit for first homebuyers

A local MP has come up with a way to assist first home buyers. 

Nationals MP Andrew Broad has suggested buyers with a perfect rental history should be able to purchase a house without a deposit. 

Mr Broad says it is a way of ‘swinging back the advantage’ to a first home buyer and not an investor. 

He says as long as the house payments are somewhere near your rental price banks should consider it. 

He spoke with Oliver Peterson. 

 

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