![]() ![]() If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.Ĭlick here for more information on the NSW First Home Owner Grant. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. The FHOG in NSW is worth $10,000 however conditions apply. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.Īdditionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000 How much is the First Home Owners Grant NSW? ![]() Update you on special offers or changes in interest rates to make sure you’re still getting the right loan for your circumstances.Ĭontact us on 07 3567 9899 for a No-cost and obligation-free consultantįrom 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000.Assist with completing loan applications and QLD First Homeowner Grants $15,000.Understanding your individual situation and apply it to your home loan application to give you the best probability of being approved.Simplify the home loan process so that you can rest easy knowing and understanding each step of the process and guide you to property ownership.Compare and contrast hundreds of home loan products from over 20 lenders on our panel, including the major banks, so that we can find the right home loan for you.If you prefer an online meeting, we are happy to accommodate. six days a week for a face to face meeting at our office in Garden City Shopping Centre ( Upstairs Opposite of STARBUCK COFFEE). Prior to applying for a home loan, we can generate a credit report of you to ascertain you have no adverse credit history.We can also provide powerful RP Data property reports at no cost to present you with all the information you can make your decision.Some of our staff are bilingual in Mandarin, Cantonese. With over 15 years of experience, we are passionate and committed to providing you with the experience, knowledge & expertise to assist you in making one of the most important decisions in your life. Our office has been located in Garden City Shopping Centre since 2003. Welcome to Mortgage Choice in Garden City ![]()
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