First Home Buyers will have an opportunity to enter the property market with a smaller deposit under a New Federal Government (new home loan deposit) Scheme which commenced 1st January 2020. Under the scheme, first home buyers with a deposit as small as 5% may be able to apply for a mortgage, which the government…
2020 – New First Home Buyers Scheme Read More »
The introduction of legislation giving effect to the Commonwealth Government’s deposit gap scheme is the first step in easing the pathway to home ownership. The scheme – promised on the eve of the federal election – helps reduce barriers to home ownership by closing deposit savings requirement and effectively reducing mortgage insurance costs. We welcome…
Deposit gap scheme opens the door to home ownership: UDIA’s Connie Kirk Read More »
Trying to get into any property area is difficult for First Home Owners, but the Central Coast has always proved to be an affordable option, especially when building in a new estate like Yeramba’s Hamlyn Grove. Adding the attraction of brand new home with personal choices, it makes an enticing option. However, finance for new…
Financing your new home build Read More »
In our Yeramba posts we look for insight to help in the quest for the perfect home, the best location for land, or tips to navigate the journey to purchase in the lovely Central Coast, Lake Macquarie or the Hunter regions. But today I found a great story from Michael Yardney, so worth sharing as…
Right now is the Good Old Days Read More »
You can really only purchase what is available for sale! One of the major reasons why transaction volumes remain so low in our area is because there is very little actually available for sale. What becomes quite clear from the data is that when values are declining, sales volumes typically fall and increasing values typically…
Talking about our local Central Coast Property Market recovery Read More »
Tighter lending standards introduced after the Royal Commission have put banks under the spotlight. This, as well as efforts by the Australian Prudential Regulation Authority (APRA) to slow growth to investment lending, have made it difficult for borrowers to get a home loan. This crackdown is in place to reduce the likelihood of customers defaulting…
Non Bank Lenders emerging to help new home owners Read More »
Over the years Lisa, from Hamlyn Terrace had achieved all in the corporate world, and after accomplishing her career goals, she simply had enough of being stuck in the office working crazy hours. And we all know this usually means missing out on spending quality time with family and friends. So after leaving Sydney to…
Yeramba – supporting our locals at Hamlyn Terrace Read More »
Do you want to have greater input into the design of your home? Then building a new home – one that will suit the needs of you and your family – is the way to go! However, before you start drafting up plans, you’ll need some dirt to put it on. It’s time to buy…
Time to buy a new block of land Read More »
House prices may be high, but the combination of lower home prices, improvements in wage growth and lower interest rates have contributed to the ongoing improvement in the HIA Affordability Index for the June 2019 quarter. HIA’s Affordability Index is calculated for each of the eight capital cities and regional areas on a quarterly basis…
Housing affordability is the best it’s been in 20 years according to the HIA Read More »
When prices are low first home buyers, and even second home buyers, will find they get better value and their money will go a lot further than it would have 12 months ago. It’s clear that now is a good the time for home buyers to secure their future home; however it won’t last long….
Yeramba customers can take advantage of the current market Read More »
