Interesting thread @jwof2006 , I too have a similar query as a potential first time buyer. Most financial advise out there tends to suggest that it is best to put down as large of a deposit as possible in order to avail of a lower LTV and lower interest rates and ultimately have less money to pay back. I have enough money saved that I could probably afford a 20-30% deposit, but I am wondering in my case if it might be a mistake not to take advantage of first time buyer status of only needing to put down a 10% deposit. First Time Buyer status is something that can only be used once so I'm just worried of the opportunity cost of not leveraging it whilst I have the chance. I would be keen to hear some thoughts on this.
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