As a first home buyer building a new home, you might be eligible for up to a $30,000 in grants – financial incentives that make it easier for you to enter the property market and become a first home owner sooner.
All of the technicalities and qualification criteria involved can complicate the process of obtaining the First Home Owner’s Grant. Which is why we are here to assist, as first home buyer advocates who can guide you through the steps you need to take for the most favourable outcome.
Meanwhile, here is what most first home buyers should know about the grants that are currently available.
Huge Bonus Packages Currently Available For First Home Buyers!
First time home buyers are currently eligible for the following grants:
1. First Home Owner Grant SA
You may be eligible for the First Home Owner Grant in Adelaide of up to $15,000 on the construction or the purchase of a new residential home. The great news is that you can use this grant towards your deposit.
2. Home Builder Grant
In addition a further $15,000 can be obtained from the June Home Builder Grant program for building contracts signed between 1/1/2021 and 31/3/2021.
3. Builders’ Contribution
Another great incentive is the Builders’ Contribution where HomeStart gives accreditation to certain builders in South Australia, not all builders, where they will allow that builder to subsidise the whole construction.This means that you don’t have to pay any of your payments whilst the house is being built. The advantage for you is (as a purchaser and a borrower) that you don’t have to make those repayments, and it also means that with that loan, you can actually borrow a higher amount of money.
How to apply for First Home Owner, Home Builder and Builders’ Contribution Grants in Adelaide?
Applying for the First Home Buyer, Home Builder and Builders’ Contribution Grants is easy. We have been helping first home buyers for more than 10 years and can guide you through the eligibility assessment, paperwork as well as build process to help you get into your own home sooner.
We understand that buying your first “dream” home can be one of life’s most exciting journeys. So whether you are considering a ready-to-go house or looking to build your home your way, we will set you on the right path from the first step and guide you all of the way.
I’ve helped many people find a house and get the loan, and would be happy to help you too, just submit an enquiry online by clicking on the Contact Us button or call me directly on 0435 856 649 for a quick chat.