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First Home Guarantee – 5% Deposit for First Home Buyers

The First Home Guarantee (FHBG), formerly called the First Home Loan Deposit Scheme (FHLDS), is a government measure designed to help people enter the property market for the first time.

Written by
Alasdair Duncan
Alasdair Duncan Deputy Finance Editor
Deputy Finance Editor
Edited by
Jessica Pridmore
Jessica Pridmore Finance Editor
Finance Editor
calendar 25 Sept 2025
Fact checked