I pay a lot in rent. Can I still get a home loan?
Yes, you can.
Dependant on the lender, you may be able to use your rental history to secure your home loan.
You will still need an actual deposit but a good rental history means that if you have a small deposit, it may not need to be sitting in your bank account for over 3 months to be considered 'genuine savings'. You will still be asked to provide documents detailing any other means of savings you may have.
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