5% House Deposit: National's New Policy Explained

The Property Academy Podcast · Sep 8, 2026 · 16m

National wants to let more first home buyers in with just a 5% deposit and lift the income cap to $300,000.

So, how would it actually work, and who does it help?

In this episode, Ed and Andrew break down the proposed First Home Loan changes, the numbers, and the risks.

You'll learn:

How a 5% deposit changes the maths

Who actually benefits from the higher income cap, and who it won't help

How many extra first home buyers could this policy create

A lower deposit gets more people in the door. But borrowing 96% of a home's value comes with real risks worth understanding first.

Let us know your…