Buyers are ignoring the advice it can take years to save for their first home deposit. Instead, they’re taking advantage of government schemes - like the First Home Guarantee Scheme (FHBG) - which allows first home buyers to get into the property market with as little as 5% deposit. National Housing (previously the National Housing, Finance and Investment Corporation - NHFIC), which runs the federal government guarantee schemes, reports that in 2022/23, almost one-in-three first home … [Read more...]