Buying a property for the first time is an exciting time, however some people believe it can be a daunting experience. At Citywide we’re ‘keeping it simple’, we understand that there are many loans and the whole process can get quite confusing. A Citywide Lending consultant has access to, and can compare hundreds of loan products within minutes. More so, we’ll explain it to you in plain English.
The First Home Owner Grant (New Homes) scheme (the Scheme) was established to assist eligible first home owners to purchase a new home or build their home by offering a grant.
The grant amount is determined by the date of the eligible transaction. This is the date of the contract to purchase a new home or contract to build a home. For an owner builder, the eligible date is when the building work commences.
For eligible transactions made on or after 1 January 2016, the grant amount is $10,000.
It has never been better to be a First Home Buyer. These days you may be eligible for some Government Concessions and the Banks have really begun to provide flexible lending policies that make it easier to finance a home.
As a First Home Buyer you may be eligible for the $10,000 grant to purchase a brand new home or build your own dream home. This is payable to you upon settlement and can also be used as part of the deposit for the home or can help with legal and other costs.
The scheme applies to new homes only.
Contact us today to see how these Government Concessions can help you.
A Citywide Lending consultant can walk you through every step of the way. Make a FREE no obligation appointment today to see how we can help.