Browse Forums Building A New House Re: First Home Buyers 8Aug 21, 2014 9:22 am Home Solution by Metricon - Luna 28 http://hayleyandjonshouse.blogspot.com.au/ viewtopic.php?f=31&t=73643 Re: First Home Buyers 10Aug 22, 2014 8:52 pm Deposit paid 09/02/14 Plans received 26/04/14 Land registered 01/08/2014 Settled on land 18/08/2014 Plans to council 20/08/2014 http://verdelhofourtwist.blogspot.com.au/ Re: First Home Buyers 15Aug 23, 2014 8:16 am Great start grant isn't available in NSW as far as I am aware only the first home buyers grant. Yes we have spoken with our Mortgage lender at our bank who gave us the green light & went to go pre approval untill she realised we can't use FHOG as deposit towards construction. But the builders loan australia website say that you don't need any savings & FHOG can be used with certain lenders? Re: First Home Buyers 16Aug 23, 2014 9:05 am Pink86 Great start grant isn't available in NSW as far as I am aware only the first home buyers grant. Yes we have spoken with our Mortgage lender at our bank who gave us the green light & went to go pre approval untill she realised we can't use FHOG as deposit towards construction. But the builders loan australia website say that you don't need any savings & FHOG can be used with certain lenders? Some BUILDERS will accept fhog as part of THEIR deposit. Not lenders. You need to find a builder that has factored fhog into its sales pitch. You know the ones , "build a home now for only 2k deposit!". Then use that builders brokers to get the loan through whattever lender looks good. The broker has the relationship and arranged finance fo4 many customers in the same boat. If you just go to any random broker then they will tell you what the banks tell you. Good luck. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: First Home Buyers 17Aug 23, 2014 9:34 am Hmm not sure sorry must be different in qld. I guess if numerous people are saying u cant use it, must be the case. Have u got anyone that can do what my mum was going to do and lend it to u? We had planned to pay it straight back to her when we got the grant paid. Or not ideal but get a loan for it and then pay it off when u get the grant? Might cost a bit in interest but will get u into ur own home sooner and save u on rent! Our first home: viewtopic.php?f=31&t=72839 Re: First Home Buyers 18Aug 23, 2014 9:55 am Thanks everyone. We have been in contact with new home group which overall can offer a house & land package for approx $470,000. We might need to look at asking family to lend us I didn't think of the personal loan. Thanks I will look into this. I really appreciate everyones suggestions. Congrats. Will be watching this progress and interested to see how you go with summit. 12 36035 We already paid for somfy motors for the blinds. The quote above was purely for “pre-wiring” so the blinds company can install the motors and blinds. That’s why we… 5 18234 So it seems like they just take on a lot of projects to get the cashflow for their own builds. COULDN'T AGREE MORE 14 45381 |