Investn helps first-home buyers leap deposit hurdle
An investment model offered by Investn provides first-home buyers with the opportunity to enter the property market without the need for a deposit and with the option to purchase an investment property or a first residence.
Investn Chief Executive Scott Fraser says many clients don’t want to move into outer suburbs and have a strategy of renting in their suburb of choice. (Image source: Shutterstock.com)
With the demise of the home builders grant of $25,000 and fewer state and federal incentives for first-home buyers, many people trying to get onto the property ladder are running into financial roadblocks.
It's now harder than ever to get into the market, with the recent property boom not helping. It now takes around eight years on average to save for a deposit.
Recognising that many prospective buyers were denied access to the market as they l…
