If you’re a first home buyer, you may be eligible to withdraw voluntary super contributions you’ve made to put toward a home deposit. Through the First Home Super Saver Scheme (FHSSS), first-home buyers may be able to use Australia’s superannuation system as a tax-effective way to save for part of their home deposit. How does […]
The First Home Loan Deposit Scheme has been designed to help first home buyers get into the property market sooner. But how exactly does it work? What requirements do you need to meet to qualify? And, if you are eligible, how can you apply? Let’s take a look at all the information. What is the […]
Could your parents help secure your first home? Saving a deposit for a home and getting approved for a loan as a first-time buyer can be difficult. But finding someone to go guarantor could help you get into the property market more easily, so long as you’re aware of everything that is involved. One […]
The Australian Government has recently announced the HomeBuilder grant, which could give you $25k towards the building or renovation of your home. Here’s everything you need to know! What is the HomeBuilder program? The HomeBuilder grant program is designed as part of an economic stimulus package in the wake of the Covid-19 pandemic. The grant offers […]
Buying your first home is a major step in anyone’s lifetime. For many its the single most important purchase and is security for their future. In this day and age it is a great accomplishment and brings freedom from dead rent, inspections and paying someone else’s mortgage. The one major hurdle to this dream is […]
The Queensland First Home Owner Grant also known as ‘FHOG’ is a State Government initiative available to first home buyers when purchasing their first home in Queensland. To help make it easier for first home buyers to enter the property market, eligible buyers can now access a grant of $15,000 towards their first home […]
In these uncertain times, banks have started to take a more detailed approach to their lending criteria which can make it more difficult to successfully acquire a home loan. This is where we come in, at Buy Your First Home we aim to make the process easier for you by taking on the grunt work […]