Hi everyone,
As most of you probably know, the Government is bringing in a 20K First Home Owners Grant for those building in rural/regional areas and I believe reducing stamp duty costs as well.
We are building in Drouin Victoria with a title date of September and build start date in November.
We have signed the house and build contracts, literally just waiting for land to title.
We also haven't received or used our 10K FHOG and we don't have our mortgage or are making payments on the land or anything like that. We've put down our 10% deposit for the land and have paid Simonds the usual $1500 fees to get paperwork started.
My question is, because we haven't used/received the FHOG yet and we're still ages off titles and a build start which begins after the 1st of July set date. Are we eligible for it?
I asked our mortgage broker and he wasn't much help apart from telling us to cancel our contract with Simonds and resign. And saying if we don't do that we can't get it.
I've also emailed Simonds and asked about this, waiting on a reply. But just wanted to see if I could get anyone else's opinion on this topic, because I'm guessing someone will know a lot more than I do haha.
Thanks in advance!