1st time buyers
It is critical to enter the property market with a good understanding of how a property purchase works, how much you can afford to borrow, what the hidden costs are and how best to structure your finances to maximize savings.
Important factors:
First time buyer's loan:
Most lenders have products specifically tailored to enable the first time buyer to enter the property market. The distinguishing feature is that you can borrow more than 100% of the value of the property (up to 110%) to assist with deposit, registration and transfer fees:
Qualifications: