Mortgage Choice - Mortgage Brokers for Launceston, Devonport, Burnie, St Helens and all of Northern Tasmania

Call: 03 6333 0444

Looking for a home loan or vehicle loan? Talk to Peter Reynolds or Carlee Robinson, your local Mortgage Choice brokers in Northern Tasmania. Let us research and compare over 30 lenders for you - contact Peter on
0439 768781 or peter.reynolds@mortgagechoice.com.au, or Carlee on
0403 897697 or carlee.robinson@mortgagechoice.com.au

Call Us Mortgage Choice Launceston
Office - 03 6333 0444
Fax - 03 6333 0445

Open Hours Mortgage Choice Launceston
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
Free Appointment

Address

85a George Street LAUNCESTON, TAS 7250

Start your home loan journey today

Find the home loan that’s right for you

Whether you are buying your first home, upgrading, investing, refinancing, consolidating or buying out an ex-partner due to separation or divorce, Mortgage Choice is your home loan specialist – dedicated to finding the home loan that's right for you.

We focus on your needs

At Mortgage Choice we recognise that no two clients are the same, so we take the time to assess your individual needs and help you find the loan that works for you.

We can assist you with:

Purchasing your first home
Selling your current home and upgrading
Purchasing vacant land
Building a new home
Investing in property
Consolidating debts
Refinancing or topping up your existing loan
Loans for self-employed
Buying out ex-partner due to separation or divorce

We can also help access a wide range of options for vehicle and equipment financing, general insurance, business insurance and personal insurance through leading insurance companies to cover:

New and used motor vehicles, plant and equipment
Home and contents, landlord & car insurances
Life & TPD insurance
Trauma cover
Income protection
Business insurances

It's your choice

As your Northern Tasmanian home loan specialist, we can help you select from hundreds of home loans from our large panel of over 30 lenders including Australia's major banks, regional banks, credit unions and specialist lenders.

Our home loan service to you is free

Contact Peter Reynolds on 0439 768 781, or Carlee Robinson on 0403 897 697 at Mortgage Choice to start achieving your goals. Alternatively email Peter at peter.reynolds@mortgagechoice.com.au or Carlee at carlee.robinson@mortgagechoice.com.au

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

Client reviews

Peter has been exceptional to deal with from day one. He is always reliable and punctual to meet-up, and return calls. Peter has shown great initiative to follow-up, and ensure that we are receiving the best rate on an ongoing basis. No hesitation in recommending Peter to other borrowers.

Mark
09 October 2023

Peter has been fantastic as a Mortgage Broker. made buying my first property a breeze and helped find my best loan options and since has also accommodated good advice and helped with repayment rates. Very impressed with his service and communication throughout the whole process.

Beau
27 September 2023

Peter was recommended by a close family member when I was looking to buy my first home. Despite being located in another state, Peter was able to provide me with detailed advice over the phone and quickly found me a mortgage that suited my needs, arranging everything easily remotely. Since then he has been happy to consider refinancing options and request rate reductions from our lender, always resp... read more

Lauren
19 September 2023

Peter has really gone out of his way to help me navigate the rocky road after losing a spouse. I would recommend him unconditionally.

Victoria
19 September 2023

Peter Reynolds was a pleasure to deal with
Extremely good at his job and explained everything very well
Wouldn't hesitate to deal with him again

Karen
18 September 2023

Fantastic service. Contacted me today and done a auto review of my mortgage with no prompting. Thanks Peter.

Rodney
18 September 2023

Peter and the team are very knowledgeable and provided us with extensive support when we applied for our loan. We would highly recommend Peter and the team to anyone looking for support to apply for a loan.

Will
14 September 2023

Unlike other brokers who put their business interest in the forefront, I did not feel pressured or rushed. Peter explained the longer impact and potential consequences of various choices we had. He earns 5 star without a hesitation.

Vimal
13 September 2023

Peter Reynolds C- Mortgage Choice helped me gain finance to purchase my property on the east coast, and to design and procure my dream home.

I like dealing with Peter because hes friendly and an excellent communicator. He explains the financial processes in plain English, thats easy to understand, and he provides clear and accurate advice.

Peter recently helped me reduce my mortgage rate, which in... read more

Daniel
13 September 2023

Absolutely amazing service Above and beyond customer service Constantly looking after their customers Without having to lift a finger they got a better deal on my mortgage rates I Would never go to anyone else

13 September 2023

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Calculate

You could borrow up to

Repayments
/ month
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Remaining

Based on standard variable rate over years.

Start the pre-approval process

The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

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Your monthly repayments
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There's a lot to consider when choosing the right loan.

The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Value of property

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First Home Buyer?

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Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
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Need help with your next home purchase?

Extra Information

Home Buyer Concession Scheme

From 1 July 2019, the FHOG ACT has been replaced with exemptions on stamp duty. The stamp duty exemption is applicable to all properties in ACT, including vacant residential land and both new and established homes at any price. As this is still to aid first home buyers, to be eligible at least one buyer must live in the home for at least 12 months, starting within 12 months of settlement or completion of construction.

To be eligible, first homeowners in the ACT must have a household income below $160,000. This number increases up to $176,650 depending on the number of children you may have.

Click here for more information on the ACT First home Owner Grant.

Stamp duty concessions in NSW

From 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.

Additionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000

How much is the First Home Owners Grant NSW?

The FHOG in NSW is worth $10,000 however conditions apply. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed.

If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.

Click here for more information on the NSW First Home Owner Grant.

How much is the First Home Owners Grant in the NT?

The First Home Owner Grant in NT is $10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

As of 30 June 2021, there are currently no stamp duty concessions for first home buyers in NT.

Previously the Territory’s First Home Owner Discount was in place from 8 February 2019 to 30 June 2021. It let you save up to a maximum of $18,601 on the cost of stamp duty. The savings were available whether you purchased a new or established home as long as the home was valued under $650,000.

Click here for more information on the NT First home Owner Grant.

How much is the First Home Owners Grant QLD?

As a first home buyer in Queensland you could be entitled to the $30,000 First Home Owner Grant. To be eligible, you need to buy a brand new home or build a home from scratch with the total value (including the land) below $750,000. You may also be eligible if you buy off the plan or an established home that’s been substantially renovated.

As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. Cosmetic work such as painting the walls or sanding floors doesn’t add up to a substantial renovation when it comes to the FHOG in QLD.

Stamp duty concessions

If you’re buying vacant land to build your first home, you pay zero stamp duty as long as you pay $250,000 or less for your block. Concessions are available for vacant land valued above $250,000 and up to $400,000. Whereas if your first home is valued up to $500,000, you pay zero stamp duty. That’s a saving of $7,175 which is the maximum stamp duty rebate available to first home buyers in QLD.

Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home. As a guide, if your first home is worth $530,000, you pay stamp duty of $6,300 a saving of $3,500. These savings cut out altogether if your first home costs $550,000 or more.

Click here for more information on the QLD First home Owner Grant.

How much is the First Home Owners Grant SA?

There are currently no specific stamp duty concessions available for first home buyers in SA.

The $15,000 FHOG in South Australia is only available to first home owners who buy a new home. You can choose from a house, apartment, townhouse or villa.

You will only be able to claim the FHOG SA if you pay below the following amounts for your home:

Before 14 June 2023: $575,000
After 15 June 2023: $650,000

You can also claim the First Home Owner Grant in South Australia when you buy a block of vacant land to build your first home on. However, the end value of your building plus land must be no more than $575,000.

Click here for more information on the SA First home Owner Grant.

Stamp duty concessions in TAS

If you buy an established home, you are not eligible for the FHOG in Tasmania but you may be able to claim savings on stamp duty. If you’re home is valued at

$400,000 or less, you will receive a 50% discount on the property transfer duty (stamp duty).

How much is the First Home Owners Grant TAS?

The FHOG Tasmania is worth $30,000 until 30 June 2022 but only when you buy or build a new home. Off the plan purchases are also eligible. In Tasmania, there is no limit on the purchase price of the property, and the FHOG is not means tested.

Click here for more information on the TAS First home Owner Grant.

Stamp duty concessions in VIC

First home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. The stamp duty concessions available in Victoria apply to both established and new homes.

How much is the First Home Owners Grant VIC?

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 if you build/buy in Victoria.

Your first home can be a house, townhouse, apartment, or unit but it must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time, and less than five years old.

Click here for more information on the VIC First home Owner Grant.

Stamp duty concessions in WA

If you buy vacant land to build your first home, you’re exempt from paying stamp duty as long as you don’t pay more than $300,000. If you pay between $300,000 and $400,000 you will be entitled to a reduced rate of duty.

If you buy a home costing up to $430,000, no stamp duty is payable at all. If the value of your home is between $430,000 and $530,000, you’ll be entitled to a reduced rate of stamp duty. There are no additional concessions for homes valued above $530,000 and land valued above $400,000.

How much is the First Home Owners Grant WA?

The FHOG WA is worth $10,000 when you buy or build a brand new home. There are limits on what you can pay for your first home to be eligible for the FHOG in Western Australia.

If you’re located south of the 26th parallel, which basically covers all the Perth metropolitan area, you can claim the FHOG WA if your new home is worth up to $750,000 – this includes the value of the land plus buildings.

If you buy or build a home north of the 26th parallel, the property must be valued up to or below $1 million to be eligible for the FHOG WA.

The First Home Owner Grant in Western Australia is no longer available if you buy an established home however you may be able to claim stamp duty savings.

Click here for more information on the WA First home Owner Grant.

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