The First Home Owners Grant has just been increased to $15,000*
Home Loan Republic are Perth’s construction finance specialists. We are independent, not owned by a builder.
3 year fixed construction loan3.79%p.a.*4.31%p.a. Comparison Rate*
The WA Government recently announced the FHOG for new homes has increased to $15,000 as of January 1. Combine this with the record low interest rates on offer and it’s easy to see that now is the perfect time to build your new home.
Don’t delay! This First Home Owners Grant increase is only available for the next 12 months!
To claim the First Home Owners Grant, applicants must:
- Be 18 years of age or over;
- Be an Australian citizen or permanent resident;
- Have never previously received a FHOG under this scheme;
- Have never owned residential property in Australia;
- Occupy the home as your principal place of residence for a continuous period of at least six months, commencing within twelve months of receiving the FHOG.
Stamp duty for first home buyers is also waived on homes up to $430,000, or $300,000 for vacant land.
What are you waiting for? The sooner you take advantage of this offer, the sooner you will be in your new home!
*Boosted grant available to applicants who have entered into a contract to build a new home or purchase an eligible new home on or after 1st January 2017 and or before 31st December 2017. Construction of the new home must commence within 26 weeks after the date of the contract. The home must be completed within 18 months of the construction commencing. Interest rates are subject to change without notice. Comparison rates are based on a loan of $150,000 with monthly repayments over a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees and charges, and lending criteria apply to all loans.