Government schemes – talk about confusing!

Through covid, and off the back of covid, it feels like we have schemes on schemes on schemes.

Then the schemes change, some have limited spots, others don’t.

The best way to keep up to date with Government related schemes is to visit your relevant “Office of State Revenue” website or equivalent – each state has their own website. There you will be able to read through and get a better understanding of all the active schemes.

My view on the government schemes, don’t wait around for something to change your life. If you happen to be on the property pathway, and you can take advantage of a property scheme; then you’ve pretty much lucked out – happy days.

The best thing people can still do, focus on your savings for a deposit & another aspect that’s not often talked about, and something that I feel is also just as important – think about your working career and focus on what you can do to progress in your career – if you do this, higher income is typically the by-product, and increased income means increased lending options.

As always, if you have any further questions, please don’t hesitate to reach to someone from The Lending Alliance Team.