How much will I need to provide in genuine savings?
For an owner occupied property you will need to provide at least 5% of the purchase price as genuine savings?
What can I do if I don’t have genuine savings?
Many lenders have other options if you can’t provide the 5% in genuine savings. You may be eligible to use your rental payment history in place of the genuine savings. However you will still need a deposit of 5% in some form and conditions apply.