Browse Forums Home Finance 1 Feb 03, 2013 6:05 pm Hi, just a quick question regarding the fhog nsw cap. When we signed our contract we were over the cap by just under $2k. Now we told that we no longer need the provisional allowance and we have taken out the flooring. Now as a result we are under the cap and have been given a post contract variation. The question is, are we now eligible for the fhog? Any info is appreciated. Thanks Re: provisional allowance and fhog cap 2Feb 04, 2013 10:18 am Hi Spencer0281, The NSW First Home Owner's Grant (FHOG) cap is:
If you have recently made amendments to your building contract, taking out the flooring & provisional allowance reducing your building contract price plus value of land to below 650k - you eligible for the NSW FHOG considering you can satisfy all other criteria. You will just need to send in your updated Building Contract to your Lender and/or the OSR, when submitting your FHOG application. Cheers, Re: provisional allowance and fhog cap 3Feb 04, 2013 6:23 pm Hey jb_money, Thanks for your reply. We where hoping that this was the case. Again thanks for your help. Cheers I recently went through a similar renovation and move scenario when updating our family home. We also swapped some rooms around and tackled a major… 2 9744 OK it's been a little while! I've been busy getting time where I can to work on this. I started by grading a pad (borrowing a… 26 19816 |