NAB opens door on new FHLDS places



NAB has today opened a new waitlist for the First Home Loan Deposit Scheme (FHLDS) New Home Guarantee, with eligible customers now able to apply for conditional approval as the first step to securing their first home.

The new waitlist applies to the additional 10,000 FHLDS Scheme places announced earlier this month by the Federal Government, to support Australians build their first home or buy a newly-built property. This is on top of the 10,000 places that became available on July 1.

NAB Executive Home Ownership Andy Kerr said NAB was proud to continue its association with the FHLDS as it continues to help Australians purchase their first home sooner.

“We’re excited to open the door to new entrants to the First Home Loan Deposit Scheme (New Home Guarantee) and we expect the same strong demand we’ve seen since the initiative was first launched in January,” Mr Kerr said.

“The expansion of the Scheme will provide more opportunities for Australians to enter the housing market, while the focus on new builds will also support Australia’s critical construction sector.”

NAB has supported thousands of Australians buy their first home through the Scheme since January 1.

“We understand buying a first home is both an exciting and daunting process and we’re here to help our customers through this journey,” Mr Kerr said.

“We encourage interested first home buyers to contact a NAB banker or their broker as soon as possible to talk through their options and how to apply.”

First home buyers can get in touch with NAB’s specialist team of lenders through


  • NAB’s waitlist for the first allotment of FHLDS in FY20 places remains closed.



Related Articles

  • Property

How has the pandemic changed home buying intentions?

New NAB research details the factors that have become more important to Australian homebuyers since the pandemic.

  • 21.11.2021
  • Time to read 4 min read
  • Full Year Results

NAB 2021 Full Year Results

NAB Group Chief Executive Officer Ross McEwan today released NAB’s 2021 Full Year Results and Annual Review.

  • 09.11.2021
  • Time to read 1 min read
  • Announcements

Port of Newcastle Hydrogen Hub

  • 08.11.2021
  • Time to read 1 min read

Quick links

Property Insights

Buying or selling? Get ahead with property value estimates, insights and property reports.