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First Time Buyer

FIRST TIME BUYER

Who is considered a first time buyer?

If you’ve never owned a property, you would be considered a first time buyer. You would also qualify if you have not owned a property within a 3 year period.

How much of a deposit do you need?

Generally speaking, you need to try to save at least 5% of the property value. Some lenders will accept a gifted deposit from parents.

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