Get a new home in 2017 with a $15K First Home Owners Grant from the WA Government
First home buyers have been given a large helping hand from the WA State Government with the announcement of a $5,000 increase to the $10,000 First Home Owners Grant.
As the State election looms, the Barnett Government is keen to address housing affordability in WA and boost the housing construction market. And the increase to the First Home Owners Grant will help many first home buyers enter the market sooner.
After all, if you’re a first home buyer, you don’t pay stamp duty on land up to $300,000, or on brand new homes up to $430,000. What that means is that 2017 is very much looking like the year to build your first home!
What does this mean for first home buyers?
The increase to the FHOG means that there has never been a better time to build. If you have ever wondered if you can afford to build your first home, now is a great time to find out. While the Keystart lending criteria has been increased, the $15,000 FHOG is only available for a limited time. First home buyers should act now as they may find it more difficult to enter the housing market and build their dream home once this offer expires or is reduced.
To coincide with the First Home Owners Grant increase, many builders are also offering a range of free inclusions to entice buyers. This sounds like great news but remember if an offer sounds too good to be true, then it usually is! Do your homework and don’t get bullied into a decision. Look for transparency in both the promotion, process and price and don’t get attracted to deals that are unrealistic. The smart first home buyers are those that choose to partner with a specialist first home builder that has a solid track record of helping families onto the property ladder, a loyal trade base who will treat your home as if it were their very own and a commitment to transparency.
Summit South West are the first home buyer experts
At Summit South West, we have helped thousands of first home buyers build their dream home. Powered by the strength of the Summit Homes Group, our commitment to making home ownership easy and affordable makes us the first choice for first home buyers in WA.
With changes to Keystart and the First Home Owners Grant, it can be difficult and potentially daunting to navigate the application process. That’s why our team of specialists – including an in-house finance team – can work with you to ensure you receive everything you are entitled to and make the building process easy. Home buyers need as little as $3,000 to get into a first home of their own so to anyone looking but think they don’t qualify is to just pick up the phone and call – it’s literally that easy.
Get Started Now
Don’t wait any longer! You now have 15,000 extra reasons to get into your first, brand new home. And with the increased First Home Owners Grant available only for 2017, there is no better reason to start building.
So if you're interested in taking advantage of the First Home Owners Grant in WA, call Summit South West! Our new home consultants will work with you to help you make 2017 the year you realise your new home dreams!