Browse Forums Building A New House 1 Apr 28, 2013 10:11 pm Good news for victorians building a new house from July 2013! http://www.abc.net.au/news/2013-04-28/v ... nt/4655774 Re: Increase to FHOG and 40% savings on stamp duty victoria 2Apr 29, 2013 10:30 am I was a little puzzled by this - I got ~$20k plus a discount on the stamp duty - someone please explain how are buyers who go in now better off? Building a Delta 21 at Craigieburn - http://homeofzero.blogspot.com.au/ Deposit: 26/02. Contract: 22/05. Settlement: 29/05. Site start: 18/10. Re: Increase to FHOG and 40% savings on stamp duty victoria 3Apr 29, 2013 10:36 am the 20k discount was only until June 2012. From june 2012 - June 2013, it is 7k. Now the government increases the FHOG to 10k from July 2013. Stamp duty reduction is also increased by 10%. Re: Increase to FHOG and 40% savings on stamp duty victoria 4Apr 29, 2013 11:51 pm Well I missed out on the stamp duty savings but I should be good to go for the 10,000k! Does anyone know when you can apply? My site start isn't until June HD Re: Increase to FHOG and 40% savings on stamp duty victoria 6Apr 30, 2013 1:22 pm seano I thought it went by contract signing date though? I could be wrong, frequently happens! Hmmm I'm not sure! I'll have to ring up and ask. I read something's about 12 months on the website...can't remember exactly...so maybe it was 12 months within signing? 2 HD Re: Increase to FHOG and 40% savings on stamp duty victoria 7Apr 30, 2013 2:32 pm We had to rush to sign contract before the 20k FHOBG ended last year, goes by contract date Re: Increase to FHOG and 40% savings on stamp duty victoria 8Apr 30, 2013 3:40 pm rjl_87 We had to rush to sign contract before the 20k FHOBG ended last year, goes by contract date Oh poop! So much for that! HD Re: Increase to FHOG and 40% savings on stamp duty victoria 9Apr 30, 2013 3:47 pm Quote: Subject to the passage of legislation, for contracts entered into on or after 1 July 2013 eligibility for the First Home Owner Grant will be limited to buyers of new homes and will be increased from $7,000 to $10,000. Re: Increase to FHOG and 40% savings on stamp duty victoria 10Apr 30, 2013 6:16 pm I miss out on this...I am due to sign my contract at the end of May and I can't change it without risking everything else I have done re: land security, finance etc...it's a pity but $7000 is better than nothing! I will see the 40% decrease in stamp duty though because my land settlement occurs after 1st July. Build Permit-17/12/13 Earthworks-13/1/14 Slab-30/1/14 Frame-10/2/14 Lock Up-7/3/14 Fixing Stage Complete-20/3/14 New Home Presentation-6/5/14 Moved in 17/5/14! Blog: http://dandesbuild.blogspot.com.au Re: Increase to FHOG and 40% savings on stamp duty victoria 11Apr 30, 2013 7:38 pm Yup called them earlier today to confirm it. HD Just to makea point about this, an approach that some people have found sucessful in negotiating these rises down, Is to provide some workings to the builder, specifying… 4 81727 Fair Trading can issue orders to rectify and complete but once the matter goes to NCAT these orders are automatically vacated. You will have to terminate contract and sue… 21 29748 How are you doing Ben? Extremely interested in hearing what you are doing or plan to do! 12 15170 |