Owning your own home

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Kurai

10% on (presumably) a 900k+ property, is probably beyond most people's ability to scrape it together though.

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NickCJ in reply to @Kurai

Not everyone is buying at 90%+ LTVs though, it's common for the constraint to be affordability / income multiples rather than deposit size.

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Kurai in reply to @NickCJ

True, but if the bank says its worth 90k less, you still need to find that 90k. Unless I misread and they are reducing their mortgage offer amount by 10%.

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