First Home Loans Deposit Scheme (FHLDS) | Newsletter | July 2020

A Note From Martin Walmsley, Principal Broker

This month, we are excited to announce the upcoming launch of the newest arm of the NBS family: NBS REAL ESTATE.

My goal has always been to provide a ‘one-stop-shop’ for property owners and purchasers. The launch of NBS Real Estate brings us one step closer to that goal, as we are now able to provide Property Management services to NBS Home Loans clients at a discounted rate. This will save our clients time and money by streamlining the investment property process.

More information will be available closer to our launch date, so please make sure to keep an eye on our Facebook page for further announcements.


Back in May, we launched our ‘Ask a Finance Broker’ Facebook group. This is a unique, free platform where you can ask a finance-related question and get a fast response from an expert in the field.

As well as our very own Principal Broker, Martin Walmsley, the group is also home to an Accountant, Solicitor, Financial Planner, and Real Estate Agent, all of whom are ready to share useful information, answer your burning questions and help point you in the right direction.

IT’S FREE TO JOIN and use the group, so please help to spread the word by inviting your family, friends, and colleagues to join us.


Owner Occupied Loans from:
Fixed: 2.18% (comparison 4.45%)
Variable: 2.59% (comparison 2.62%)

Residential Investment Loans from:
Fixed: 2.49% (comparison 3.02%)
Variable: 2.99% (comparison 3.01%)

There are also several lenders offering cashback on eligible refinances, with offers up to $4000 cashback currently available. (Terms, conditions, eligibility criteria, and normal lender assessments apply.)

Please contact us on 0434 103 326 or 1800 NBS LOAN if you’d like to review your existing loan or you are considering expanding your property portfolio.


Ready to buy your first home but missed out on the first round of FHLDS places? A further 10,000 FHLDS places were released on 1 July 2020, meaning eligible first home buyers can once again enter the property market with as little as a 5% deposit.

Usually first home buyers with less than a 20% deposit need to pay lenders mortgage insurance. Under the FHLDS, eligible first home buyers do not have to pay this additional cost, potentially saving tens of thousands of dollars.

Please get in touch with us as soon as possible to check your eligibility as places are likely to be snapped up fast.

NBS Home Loans COVID-19 Update July 2020

We’ve had an extremely busy few months here at NBS Home Loans, with many clients seeking our assistance in reorganising their finances to help weather the economic impacts of COVID-19. We’ve also seen a significant increase in lender assessment and turnaround times, so we’d like to thank everyone for their patience and understanding throughout this period.

Over the last few months, we’ve been in touch with most clients to see how everything is going and check if we can be of any assistance, as we know this has been a difficult time for many people. We’d like to remind all our clients that we are here to assist you at any time. If you are suffering from any financial hardship, a list of resources can for each lender can also be found on our website, accessed by clicking the button below.

As always, we will continue to offer the option of phone or video meetings should you be unable to meet face-to-face, so please don’t hesitate to get in touch on 0434 103 326 or 1800 NBS LOAN if you have any enquiries.