Finance This, Property That
Finance This, Property That is your go-to podcast for expert insights and advice on building wealth through property investment.
Hosted by, Dion Fernandes, a seasoned finance professional with over 13 years of experience, each episode delves into the intricacies of property purchasing, offering valuable tips and strategies for those looking to create wealth through real estate.
From basic questions to advanced technicalities, Dion brings on trusted advisors and specialists in their fields to provide listeners with practical knowledge and actionable steps.
Whether you're a first-time buyer, a seasoned investor or simply looking to expand your property portfolio, Finance This, Property That is here to empower and educate you every step of the way.
Finance This, Property That
Episode 29: Unlocking First Home Buyer Success: Grants, Equity & Smart Investing with Luke Ashby
Episode Title: Unlocking First Home Buyer Success: Grants, Equity & Smart Investing
Synopsis:
In this episode of Finance This, Property That, host Dion Fernandes welcomes back mortgage broker Luke Ashby to discuss crucial updates for first home buyers in 2025. They break down recent changes to government incentives, including increased stamp duty concessions and the expansion of the First Home Guarantee Scheme. Luke shares his personal homeownership journey—how he leveraged equity to build wealth in just 12 months—and provides real-life client success stories. If you’re a first-time buyer looking to maximize savings and get into the property market sooner, this episode is packed with insights to help you make informed decisions.
Episode Breakdown:
⏳ Duration: 22 minutes
🔹 [00:00] Welcome & Introduction
- Dion introduces guest Luke Ashby, a mortgage broker passionate about helping first home buyers.
- Catching up on life updates, including Luke’s first home ownership experience and upcoming fatherhood.
🔹 [04:30] Luke’s Homeownership Journey
- One year into owning a home: DIY projects, renovations, and learning experiences.
- The financial impact: how his property gained $100,000 in value within 12 months.
- Using equity and refinancing to create financial flexibility.
🔹 [10:00] The Truth About Lenders Mortgage Insurance (LMI)
- Debunking the myth: why LMI isn’t always bad.
- The cost of waiting to save a 20% deposit versus getting into the market sooner.
- A practical breakdown of how market growth can outweigh LMI costs.
🔹 [14:00] First Home Buyer Updates & Grants for 2025
- Stamp duty waiver increase: now up to $700,000 for existing homes.
- First Home Guarantee Scheme expansion: now includes New Zealand citizens and permanent residents.
- Income caps and eligibility criteria explained.
🔹 [18:00] Real-Life Client Success Story
- How one couple saved $65,000 using stacked grants and incentives.
- Overcoming credit challenges with the right mortgage strategy.
- The power of planning: from first home to future investments.
🔹 [20:30] Top Tips for First Home Buyers in 2025
- Consult a specialist broker – Ensure you understand all available grants and incentives.
- Assess your options – Consider rentvesting or alternative strategies if homeownership isn’t immediately feasible.
- Be prepared & act fast – Market conditions change quickly, so don’t wait too long to take action.
🔹 [21:30] Where to Find More Info
- Follow Luke Ashby on Instagram, Facebook, and TikTok (@LukeAshbyMortgageBroker).
- Join the First Home Buyers Club Queensland on Facebook for free educational content.
- Connect with Dion Fernandes on Instagram (@DionFinanceSpecialists) or visit emergefinance.com.au.
💡 If you're a first home buyer looking for expert guidance, this episode is a must-listen!
🎧 Listen now on Spotify, Apple Podcasts, and all major streaming platforms.