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Best home loan solutions!
for your lending needs anytime, anywhere it suits you!
Our experienced lending managers use our unique lending software to ensure borrowers receive a suitable loan from over 40 different lenders for their situation, needs and objectives. We will take care to apply a 'Client for Life' attitude in all customer dealings, which means we service customers from loan enquiry through to settlement, to the end of loan term and beyond.
What's new?
NSW Home Builders Bonus:
Effective for contracts entered on or after 1 July 2010, the New Housing Concession provides a full exemption on transactions relating to vacant land (<$400k) and of the plan purchases where building has not commenced (<$600k). A partial concession of 25% of duty payable applies to completed new homes (<$600k) or off the plan purchases where construction has commenced (<$600k). For details of eligibility, please phone our mortgage consultants now!
Reserve Bank of Australia raised the cash rate by 0.25% on 04th May 2010.
On 24th April 2010, Government announced that all temporary residents seeking to purchase an existing property in Australia will now be brought within the FIRB notification, screening and approval process. In addition, temporary residents who are approved will now have to:
*Compulsorily sell the established property they have bought when they depart Australia; and
Be required, where undeveloped land has been purchased, to commence construction on that land within 24-months or have the land compulsorily sold.
From 1st Jan 2010, First Home Owner Grant will be back to $7,000. First Home Buyers who purchase a brand new property will still receive the NSW $3,000 New Home Boost.
The 50% exemption on Stamp Duty for purchases of brand new properties below $600,000 will be extended to 30th Jun 2010.
From 1st Jan 2010, first home buyers who purchase a property above $750,000 will no longer receive the $7,000 First Home Owners Grant from the government.
Up to 31st Dec 2009, FHOG for established home is $10,500; while FHOG for new home is $17,000.
The $3,000 New Home Boost granted by NSW Government will be extended to 30 June 2010. NSW government’s stimulus policies also include a 50% reduction in stamp duty until the end of the year on all newly completed homes below $600,000, providing savings of up to $11,245.
For further information regarding your eligibility to the First Home Owners Grant, please contact our lending specialists on 02 9211 0168!
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