Get $21,000 from the First Home Buyers Grant
Great news for first home owners! With interest rates falling to historical lows now is the time for couples to be thinking about purchasing a brand new home. This is because now it is possible to get $21,000 from the Australian government in the form of a grant which has been established to enable first home buyers to be able to realise their dream of owning their own homes. The grant is not means - tested and will be an ongoing scheme as no end date has as yet been specified.
To be eligible for the grant the following criteria needs to be met:
Each applicant must be 18years or older and one applicant must be an Australian citizen or permanent resident. Also it is important that no applicant has owned a residential property in Australia before 1st of July 2000 and this applies to any spouse/de facto. The property must be occupied by at least one of the applicants as their principal place of residence for a continuous period of 6 months and this has to commence within 12 months of settlement or construction of the residence.
All this information and more can be found in detail on The First Home Buyer Website. This website is specifically dedicated to first home owners looking for a home loan. Tangible Assets is a reputable finance organisation and has a mortgage finance arm. Through this service clients are able to access the best home loan that suits their personal need and there are more than 30 financial institutions to choose from.
The great part of this service is that you needn’t move out of your home as the complete application process can be done online from start to finish. Add in a phone call or two from one of their professionally trained consultants and you can be be virtually assured of getting approval as long as you meet the criteria for the loan and the First Home Owners Grant.
