Search results

Thanks all for your replies. We will put 5% down on exchange of contracts, 20% on settlement and the rest in an offset account. We initially thought that having a bigger deposit would get us more bargaining power, but it's definitely not worth the risks involved.

Hi there, we are planning to put almost 40% deposit on the purchase price on a property. This is for a PPOR which we do not intend to convert to an IP as it is semi rural and I personally don’t think it will have a very good rental yield. Being rather new to the buying process, we are wondering...