Do you remember the thrill of renting for the first time, enjoying your newfound independence, managing a budget, and selecting furniture to transform a space into a home?

Buying your first home elevates this experience, and the sensation of turning the key in the lock of your very own place is beyond words.

While paying rent provides a roof over your head, it means contributing to someone else’s property; it’s only when you make your first mortgage payment that you truly grasp the joy of ownership, as you steadily gain equity in your home.

We recognize that each journey is distinct, and we are dedicated to guiding you at every step. Our focus is on ensuring you have a comprehensive understanding of the process, aligning your results with your broader aspirations and long-term goals.

With over 25 years of experience assisting families across Australia in achieving their dream of homeownership, you can rely on us to expertly navigate this journey with compassion and proficiency.

• .There are some stamp duty concessions available to First Home Buyers – some for new homes, some for existing homes. These are very specific to each state.
• There is a First Home Loan Deposit Scheme – where a 5% deposit with some lenders (and subject to strict income and price guidelines) can allow you to pay no mortgage insurance.
• There is a new Help to Buy Scheme , where the Aust Govt co-owns part of your home. You pay all repairs, all running costs, all renovation costs , and then when it comes time to sell the Govt takes half the capital gain. In my opinion this is a terrible idea , and one I don’t support.
• There is a policy under discussion to allow First Home Buyers to access up to $50k of their super to use as a deposit, and pay that back to super when the house is sold. It’s your money, you should be allowed to do what you like with it if it helps your future. Also there is a policy to allow First Home Buyers to deduct the interest on the Home Loan – very innovative. I fully support these ideas.

Exploring homeownership can feel daunting, but with Ask Alan Heath – Mortgage Brokers, you’ll get personalised support designed for first home buyers, helping you navigate loan choices and available grants.

Buying your first home can be daunting. Here are some common questions and answers to help you navigate the mortgage process with confidence.

At Ask Alan Heath – Mortgage Brokers, we recognise that the journey to purchasing your first home is not merely a financial transaction; it is a significant milestone filled with emotions, commitments, and the aspiration for a brighter future.

We pride ourselves on providing tailored guidance that caters specifically to the needs and concerns of first home buyers, ensuring that you never feel lost in the complexities of the mortgage market. Our personalised approach allows us to break down the vast array of loan types, help you navigate available government support, and clarify the nuances of interest rates, making the entire process approachable and manageable.

We believe that with the right support, you can make confident choices that align with your vision of homeownership. Together, we will turn your dream of owning a home into a tangible reality, offering you the reassurance and insight needed as you embark on this momentous venture.