first home buyers

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are you a first home buyer and have no idea what the next step is? look no further, we’re here to help.

There is an expectation to know exactly what to do when it comes to purchasing a home. As there are so many aspects that are involved, it can feel very overwhelming. Head to our purchase page to view some relevant information regarding what purchasing a home looks like through the lens of a conveyancer. However, as a first home buyer there are a couple of steps extra needed to take.

There are some requirements needed in order to satisfy applying for the Home Buyer Assistance. To work out your eligibility head to the NSW Home Buyer Assistance Finder.

There are two types of NSW state exclusive stamp duty exemption assistance for first home buyers on offer as of the moment that:

  • Full or partial exemption on transfer duty

    Requirements

    • Buying your first home in Australia.

    • The value must be less than $1 million.

    • You must also move into the property within 12 months from settlement and live there for at least 12 continuous months.

  • What's on offer

    • $10,000 towards the purchase price, in addition to the First Home Buyers Assistance Scheme benefits

    Requirements

    • Buying or building your first home.

    • It's a new home that no-one has lived in before.

    • It's worth no more than $600,000 (or, for a house and land package with comprehensive building contract, no more than $750,000).

    • You must also move into the property within 12 months from settlement and live there for at least 12 continuous months.

Schemes that relate to deposits and are run on a federal-level should be brought up with your designated home lender.

I’m eligible for the first home buyers assistance scheme, what now?

If you are eligible for either schemes, we will apply for this throughout your matter in time for settlement. In general, funds are payable on settlement, including your stamp duty. Therefore, applying for the scheme can be done leading up to settlement.

It is then time to get in contact with your designated home lender if you are wishing to adopt a scheme in relation to your deposit, as this will make up part of your mortgage.

let’s get started:

  • Tina was fantastic and helped us in a time when we needed urgent support. Not only it was our first home purchase, but we had one day to find a new solicitor and she didn’t hesitate to jump in. She hit the ground running and working with her was the best thing that could’ve happened to us.

    - Felipe, ☆☆☆☆☆

  • My partner and I had the pleasure of working with Tina and team to secure our first home. The expert and timely advice we received to questions we had ensured our settlement proceeded seamlessly, and removed much of the stress involved with real-estate purchases

    - Dominik, ☆☆☆☆☆

  • Being the first-time buyer, she always provided the right guidance and direction to move ahead throughout the process. Many times, we couldn't decide upon certain points, Tina always guided us towards the right direction and helped us decide. Also, she never forces the client for any decision but always recommends and gives the right direction so that client makes the right decision. She made the whole process of buying very smooth and easy for us. Highly recommend her for the services based on our personal experience working with her!

    - Maneesh, ☆☆☆☆☆