Finance Solution Group

Right now, the First Home Guarantee is only available to married or de facto couples.
But from January 2026, the rules are expanding so two people can apply together, even if they’re not in a relationship.

Think friends, siblings, cousins. Anyone who’s financially ready and on the same page.

You’ll still need a 5 percent deposit and meet the lending criteria, but the scheme could help you avoid lenders mortgage insurance and get into the market sooner.

If you’re considering buying with someone, here are a few things worth talking about...

How you’ll split ownership: Will it be 50/50, or based on your income, deposit size or living arrangement?

Your timeline and future plans: Do you both want to hold the property for the same amount of time?
What happens if one person wants to sell, rent it out or move on?

How you’ll handle money: Loan repayments, rates, repairs, bills. Who’s paying for what?

Whether you want a formal agreement: It’s not compulsory, but a co-ownership agreement can help make things clear if anything changes down the track.

Buying with a friend isn’t new, but from next year, the loan side could be a lot more accessible.

Want help understanding how it might work for you? Contact us today!

Most people assume lenders only care about how much you earn.
But in actual fact, your salary is just one piece of the puzzle.

Here are 3 things that matter just as much, if not more, when it comes to home loan approval:

1️⃣ Consistency of Income
Banks want to see stable, regular pay, not just big numbers.
👉 Two people earning the same amount can get very different results if one has unpredictable or casual work.

2️⃣ Spending Habits
It’s not about being a tightwad, it’s about balance.
👉 Are you living within your means, or swiping like tomorrow doesn’t exist? Lenders do check your transactions.

3️⃣ Existing Debts
Your income is only impressive if it’s not already tied up.
👉 Credit cards, Afterpay, car loans… they all affect how much you can borrow, even if you’re paying them off on time.

So if you’ve been assuming you’re not “ready” based on your income alone, let’s look at the full picture. You might be closer than you think.

Send a DM with “Ready to check” and I’ll help you work out your next move, no pressure, no fluff.

For many, renting isn’t a choice, it’s just the reality right now. With rent prices averaging $570 per week, that’s $29,640 a year straight to a landlord. Over five years? $148,200 gone.

That’s a deposit. That’s equity. That’s wealth-building money. But how can anyone save when rent keeps going up?

Here’s what might help:
✔️ Low-deposit home loans exist, and they’re more common than most think.
✔️ Government grants could reduce upfront costs significantly.
✔️ Alternative pathways, like rentvesting or co-ownership, might be options.

Buying a home isn’t easy, but it’s not impossible. With the right approach, it might be closer than expected.

For anyone feeling stuck in the rent cycle, there are options worth exploring. A plan can make all the difference.