Designed to help first home buyers get into their own home, the 5% deposit scheme (also called the First Home Loan Deposit Scheme FHLDS) is a government grant that reduces the necessary deposit down to 5%. While most banks and traditional lenders require a 20% deposit. The FHLDS lowers this down … [Read more...] about Now’s the Time to Get into the Property Market Using the 5% Deposit Scheme