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Mortgage Broking - First Home Buyers


Diamond Financial Solutions understands how the grant works and will help you to not only meet the requirements, but also assist with the associated paperwork.

The broad principles of the grant are:

  • Eligible applicants from 1 July 2000 are entitled to a one-off $7,000 grant from the Federal Govt
  • Each applicant must be a natural person (not a company)
  • To qualify for assistance, neither the applicant nor their spouse (or de facto) must have owned a home prior to 1 July 2000, either jointly, separately or with some other person.
  • Each applicant and their partner must not have owned and occupied a residential property, either jointly, separately or with some other person on or after 1 July 2000, in any State or Territory of Australia;
  • Neither the applicant nor their spouse (or de facto) must have claimed this grant previously.
  • Entering into a binding contract or commencement of building, in the case of owner-builders, must have occurred on or after 1 July 2000.
  • An eligible home will be located in Australia and will be a new or established house, home unit, flat or other type of self contained fixed dwelling that lawfully can be used as a place of residence.
  • An eligible home must be occupied by the applicant(s) as their principal place of residence for a period not less than 6 months within 12 months of completion of construction or settlement of the home.
  • Application for the grant must be made within 12 months of completion of construction or settlement of the home.
  • Assistance will not be means tested.
  • There is no tax payable on the grant.
  • Joint applicants will be restricted to a single application for a single property and only one payment of the grant will be made

Australian Financial Services Licensee AXA Financial Planning is only responsible for advice provided by under the terms of Authorisation (Authorised Representative) of the Licensee. The Licensee does not endorse, promote nor hold responsibility for the mortgage broking activities conducted outside the authorisation held with Charter FP.

 

 

Diamond Financial Solutions
Charter Financial Planning Limited ABN 35 002 976 294
Australian Financial Services Licensee Licence number 234665
Principal Address: 750 Collins Street PO Box 2830 Melbourne Victoria 3001
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