Positive Changes to Regulations for First Home Buyers
In August 2022, we wrote an article explaining the initial changes made to CCCFA Regulations. Further changes have been announced this month, which will be good news if you’re trying to get on the property ladder. In short, how you spend your money no longer limits your opportunity to apply for a mortgage. If you were worried how your discretionary spending will affect your chances of getting a mortgage for your first home, recent amendments to CCCFA Regulations may ease some concerns. This...