WA Building Bonus Scheme
The WA Govt announced a $125 million package for the WA construction sector in June 2020. This scheme provides a $20,000 grant for those looking to build or buy a new home. The $20,000 grant announced by the WA government…
Tag New Homes
New home or established home? What should I buy?
Deciding whether to buy a new or established home is one of the toughest decisions a first home buyer has to make when they are in the process of searching for their first home. WHAT IS THE DIFFERENCE? An “established”…
HomesVic: Eligible Lenders and ‘How to Apply Guide’
The HomesVic pilot scheme was officially launched on 12 February 2018 with applications to open at 9:00 am on Monday 19 February 2018. If you are interested in taking advantage of Victoria’s shared ownership scheme it is strongly recommended that…
REVEALED: Preferred locations for Victoria’s HomesVic Scheme
The Victorian Government announced a pilot shared equity scheme to help low to medium income-earning Victorians buy their first home. Under the program, the Government is helping eligible first home buyers by taking a stake in their first home purchase, enabling…
Victorian first home buyers can now register for shared ownership scheme
From Friday the 10th of November 2017, first home buyers are able to express their interest in being a part of HomesVic — a shared equity scheme that will see the Victorian Government provide up to 25% of the initial price of…
When should I consider applying for a loan when I purchase off the plan?
Buying your first home ‘off the plan’ means committing to buying a property that has not yet been built. Typically you’ll only have to pay a deposit to the developer/builder and then pay the remaining balance on completion of the…
FHBA announces new assistance measure for FHB’s
At FHBA, we pride ourselves on successfully helping first home buyers achieve their own great Australian dream of home ownership dream. Simply put, the Government is still not doing enough to help first home buyers in Australia, so we are…
VIC State Budget confirms housing affordability package
Earlier this week (on 02 May 2017), Victorian Premier Daniel Andrews announced plans to keep the Victorian budget in surplus in 2017 The 2017-18 surplus is estimated to be $1.2 billion, growing to $2.7 billion by 2020-21, forecast to average…
More details released on the proposed HomesVic initiative
The Victorian Government has released some more details on the proposed HomesVic shared ownership scheme to commence on 01 Jan 2018. Update: 14/02/2018 – Get the latest information on the eligible lenders and how you can get pre-approved, by clicking…
Victorian first home buyers win again with stamp duty cuts
On Friday 03 March 2017, the Andrews Government in Victoria announced the doubling of the First Home Owners Grant to $20,000 for regional first home buyers in Victoria. Today (Sunday the 5th of March 2017), Victorian Premier Daniel Andrews has released…