June 02, 2017
In an effort to address housing affordability in New South Wales, the State government has today announced a number of changes to help first home buyers.
First Home Buyers
As part of the proposed changes, stamp duty will be scrapped on all homes up to $650,000, saving buyers up to $24,740. First home buyers will also receive discounts on stamp duty for purchases up to $800,000.
The changes, effective 1st July 2017, also include a $10,000 grant for builders of new homes up to $750,000 and purchases of new homes up to $600,000.
The government has also announced the insurance duty on lender’s mortgage insurance will be abolished.
If you’re a first home buyer and you want to hear more about the state government’s proposed changes and how they may impact you call Terry Hinchliffe your Central Coast Mortgage Choice broker on 0459 487 396 today.
FOR OFFICE USE/SEO USE: Terry Hinchliffe services the NSW Central Coast for Mortgage Choice as a Mortgage Broker providing, home loans, refinance home loans, car loans, business loans, asset finance. I can assist with first home buyer grants, stamp duty information, how much can I borrow and home loan calculators.
Terry Hinchliffe, services the NSW Central Coast, as a Mortgage Choice, Mortgage Broker. Suburbs covered include Alison, Avoca Beach, Bateau Bay, Bensville, Berkeley Vale, Blue Haven, Booker Bay, Budgewoi, Buff Point, Canton Beach, Chain Valley Bay, Charmhaven, Chittaway, Copacabana, Daleys Point, Doyalson, Empire Bay, Erina, Ettalong Beach, Forresters Beach, Gorokan, Gosford, Green Point, Gwandalan, Hamlyn Terrace, Hardys Bay, Kanwal, Kariong, Killarney Vale, Killcare, Kincumber, Koolewong, Lake Haven, Lisarow, Long Jetty, McMasters Beach, Mangrove Mountain, Mardi, Matcham, Narara, Niagara Park, Norah Head, Ourimbah, Pearl Beach, Point Clare, Point Frederick, Pretty Beach, St Huberts Island, San Remo, Saratoga, Shelley Beach, Somersby, Springfield, Tacoma, Tascott, Terrigal, The Entrance, Toowoon Bay, Toukley, Tuggerah, Tumbi Umbi, Umina Beach, Wadalba, Wagstaff, Wallarah, Wamberal, Warnervale, West Gosford, Woongarah, Woy Woy, Wyoming and Wyong.
Terry Hinchliffe, services the following NSW Central postcodes as a mortgage broker for Mortgage Choice, postcode 2250, 2251, 2256, 2257, 2258, 2259, 2260, 2261, 2262, 2263.