Real Estate & Home

Vic mum's fight to change home loan rules for renters

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A Victorian mother has launched a petition urging the government to amend legislation, requiring lenders to accept two years of verified rental history as primary proof of loan repayment capability for renters. This change aims to make it easier for long-term renters to qualify for home loans, addressing the current financial challenges faced by many Australian renters. Developers and tech professionals should monitor legislative developments that could impact housing affordability and lending practices.

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