A first-home LTV change: location and effective date reshape financing
A 2025 change in capital-region and regulated-area mortgage terms separates first-home status from actual limits.
Updated Oct 30, 2026
Can mortgage terms differ by when and where a first-time buyer purchases?
Terms changed on 2025-06-28
The FSC announced that first-home purchase mortgage LTV in the capital region and regulated areas would fall from 80% to 70%, with occupancy required within 6 months, effective 2025-06-28.
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A first-home label is not enough
Financing can differ by location and effective date even for first-time buyers. This event illustrates why a quoted percentage must be checked against applicable product terms before a contract.
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Historical policy is not a current approval
This case explains a 2025 change, not every current mortgage limit. Transitional rules, later changes, valuation and repayment assessment may apply; it does not verify the future product described in the video.
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Sources
- FSC — Household debt management measures focused on the capital region, 2025-06-27Accessed Oct 30, 2026