Get Invested With Bushy Martin

Get Invested: James Bowe on investing in Ownhome accessibility

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Synopsis

Finding a deposit for the purchase of a property is a big barrier for potential home buyers and investors. James Bowe talks about how to overcome that major hurdle. There’s been an ongoing public debate about housing affordability where the dream of home ownership is always just out of reach for millions of hard working Aussies who are forced to chase their tails trying to put together a deposit, only to miss out as home values continue to rise. But despite the perceptions it has never been an affordability issue, but an accessibility issue.  A lot of working couples can afford the loan repayments, but can't find the massive cash deposit to cover all of the property purchase oncosts for stamp duty and conveyancing etc., plus the extra 5-20% cash deposit required to cover the shortfall on a home loan. But there’s an Australian start up that’s helping to solve this problem with a faster pathway to home ownership through an innovative business model based on the old lease to own approach. Ownhome is off to a fly