• IS THIS the lifeline struggling first homebuyers have been waiting for?

Well, it’s certainly one of the more creative solutions to the country’s housing affordability crisis.

Federal Nationals MP Andrew Broad has suggested banks should forgo a deposit from first homebuyers who have a strong three-year rental history — meaning they can borrow 100 per cent of the loan.

READ MORE VIA NEW.COM.AU

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Nationals MP Andrew Broad said first home buyers with a good rental history should be able to forgo a deposit. Picture: Kym SmithSource:News Corp Australia