• PUBLISHED DATE: 03/02/22
  • LAST UPDATED DATE: 13/08/26
  • Marc Barlow Director, Mortgage Broker Sydney

Growing deposit gap impacting first home buyers

First home buyers are struggling to keep up with rising property prices and a need for larger home deposits. For a 20% deposit on a median house in Sydney, home buyers will need $80,000 more compared to last year.

Our principal Michael spoke about this deposit gap and how it has affected buyers’ plans with Sydney Morning Herald. Check out the article here for more information.

Author: Marc Barlow

Role/Position: Director, Mortgage Broker Sydney

Marc has been a professional lender for 28 years. After beginning his career in 1990 with a UK Building Society, he moved to Australia where he held several different retail banking roles. In 1999 it became clear to him that a mortgage broker would eventually become an obvious choice for someone looking for a home loan so he took the plunge and became an independent broker. He hasn’t looked back since!

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