Upfront Stamp Duty vs Property Tax Option
The NSW Government now provides first home buyers purchasing properties for up to $1.5 million the ability to choose to pay an annual property tax instead of stamp duty. The property tax will only be payable by first home buyers who choose it, and will not apply to subsequent purchasers of a property.
$3K Bonus for FHB Purchases
Effective from Thursday 1 December 2022, ANZ is introducing a new First Home Buyer Bonus for eligible First Home Buyers by offering $3,000 to be paid after settlement to help with home buying costs (the First Home Buyer Bonus Offer).
Monthly LMI Premium
To help more people buy a home with less than the traditional 20% deposit, we have multiple lenders who now offer a monthly premium LMI solution.
Monthly Premium Lenders Mortgage Insurance (LMI) is a pay by the month product that is an alternative to the once off cost of Upfront Premium LMI and means that you don’t have to save this additional amount before buying a home.
