Vow Premium Brokers are Accredited Members of Vow Financial Pty Ltd and the Mortgage & Finance Association of Australia.
Premium Broker Pty Limited ABN 40 105 746 692 Australia Credit Licence 392625 Some brokers may operate as Premium Broker under licence &will have their own licence or that of Vow Financial Pty Ltd Australia Credit Licence 390261
FirstHomeOwnersGrant Let PremiumBrokerknow and we can assist with your First Home Owners Grant
First Home Owners Grant (New Homes) - $15,000
The Scheme has been established to assist first home owners to purchase or build a new home by offering a $15 000 grant. FHOG (New Homes) will apply to eligible transaction, where the transaction commencement date (contract date) is on or after 1 October 2012. The FHOG (New Homes) grant will reduce to $10,000 on 1 January 2014 for eligible transactions which have a commencement date (contract date) on or after 1 January 2014.
First Home New Homes Scheme – exemptions upto $20,240
The First Home New Home scheme provides eligible purchasers with exemptions on transfer duty on new homes valued up to $500,000 ($550,000 from 1 July 2012) and concessions on transfer duty for new homes valued between $500,000 ($550,000 from 1 July 2012) and $600,000 ($650,000 from 1 July 2012).
Eligible purchasers buying a vacant block of residential land to build their home on will pay no duty on vacant land valued up to $300,000 ($350,000 from 1 July 2012) and will receive a concession on duty for vacant land valued between $300,000 ($350,000 from 1 July 2012) and $450,000.