How Much Deposit Will I Require to Purchase My First Home?

How much deposit will I require to purchase my first home?

Generally speaking, the bigger deposit you can contribute to your purchase, the better. Most lenders will require you to have at least a 5% deposit, which must be made up of savings, rather than a loan.

However, with options such as a Parental Guarantee Home Loan you may be able to purchase your first home with minimal savings.

Vie Financial have access to a panel of over 40 lenders and amongst them some exceptional options for first home buyers – speak to us today to get a clear understanding of what your circumstances are and make your dreams of owning your own home a reality.