Australia’s largest independent mortgage broker, Loan Market Group, is running a series of seminars nationwide to assist first home buyers.

Loan Market Group Chief Executive Jennifer Nielsen said a seminar will be held at the Casa D’Abruzzo Club at Epping in Melbourne’s north on Thursday, December 11, in conjunction with Ray White Epping.

Ms Nielsen said the seminars would include advice on how to obtain housing finance and detail the benefits from recent changes in Government concessions, such as the doubling of the First Home Buyers Grant from $7,000 to $14,000.

Loan Market home finance broker Diana Todaro will explain how to take advantage of the best first home buyer conditions in years.

Representatives from ANZ, Suncorp and RAMS will also be at the seminar where attendees will learn about the valuation process from WPB Valuers.

“Those coming to the seminar will get a comprehensive guide to the current state of the property market and what you need to do to purchase your first home with the least amount of stress,” Ms Todaro said.

She said the increase in the First Home Buyers’ Grant and the provision of $21,000 for first home buyers purchasing newly constructed homes had reinvigorated interest at the lower to middle end of the property market.

“Conditions are a lot more favourable for those wanting to enter the property market with concessions improved and home mortgage rates on the way down,” she said.

Ms Nielsen said Loan Market Group across Australia had been inundated with inquiries from first home buyers since the Federal Government announced the doubling of the grant in mid-October, and that was the impetus for the seminars.

“In Victoria, the State Government‘s recent increase to $5,000 or additional grants for first home buyers, in line with no stamp duty for first home buyers on properties worth up to $500,000 has also stirred up a lot of people to look at buying property,” she said.

The seminar is free and will run from 6.30pm-7.30pm. Anyone wishing to attend can contact Jennifer Totino on (03) 9407 1293.