I'm new to the forum and had a few questions regarding buying in Adelaide. My partner and I are moving to Adelaide later this year. She is originally from Adelaide, but has been away for 10 years.
We had a few questions relating to our move:
1. Do you need to be on a permanent contract to be able to take out a mortgage and how high (in percent) would the minimum deposit need to be? Also, would having a guarantor help?
2. We have noticed that most of the jobs advertised aren't permanent, with contract lengths ranging from 1-5 years. Is this normal, or are there permanent roles out there we are just not seeing?
The second point makes the first so important, i.e. if there are no permanent jobs, but you need a permanent role for a mortgage, how can one take out a mortgage?
We'd appreciate any advice or help!
Thanks in advance!