Second Home Owners Grant Perth
What if you’ve already used your First Home Owners Grant? Is there a second home owners grant in Perth and WA that you can get your hands on? Does the Federal government have programs for second or third homebuyers? We at Homebuilders IQ have collated online sources to answer these questions and then some.
We know how important it is for you to own a home whether it’s going to be a place for you and your family to settle in or an investment to future-proof your family and finances. Whatever the reasons are, finding out if there’s a second home owners grant in Perth or other federal programs for homebuyers in place is a great thing to know.
If you’re a second or third homebuyer, here are some of the government programs that you may be eligible for. These are as close as you can get to having a second home owners grant in Perth.
Help to Buy Scheme. Under this scheme, first time homebuyers (or second time homebuyers without a current property) are allowed to purchase a property with only a deposit of 2%. The Government will fund and own 30% to 40% of the property until such time that the buyer can buy out the Government at a later date. A big plus here is that you can own a property at a low deposit with ongoing home loan repayments that are lower and easy on the pocket.
KeyStart Home Loans. This is a state government initiative that provides low-deposit home loans to eligible residents of WA, including Perth. The program targets those who may not meet the traditional criteria for lending such as financial constraints, among others. Interest rates are competitive but lending options are flexible, making it easier for first time or second time homebuyers to purchase a property.
Stamp Duty Concessions. WA has stamp duty concessions available to help ease the financial burden on homebuyers. First time homebuyers can enjoy tax exemptions and discounts of up to $500,000. For second or third time homebuyers, you can find out how much discounts and tax exemptions you can get by consulting our friendly agents. A property purchased between $500,000 and $750,000 may get a partial concession. With these concessions, the upfront costs of buying a property are greatly reduced, making home ownership easier.
We’ve Got You Covered
Homebuilders IQ knows that owning a home is a very good and wise investment, whether it’s your first time or not. While first time homebuyers get to enjoy a lot of discounts, savings, and other concessions, we strive to find the best deals for you, from the financial schemes and available government support to the ideal property to fit your needs.
Thanks to our 15+ years in the industry, we have access to specialist finance opportunities that allow you to purchase a property at a low deposit and secure financing solutions that suit your stage in life. One such solution includes bridging loans. If you haven’t sold your current home but are ready to build, bridging loans can help you start your project. They are interest-only loans backed by financial collateral from your current and future home!
If you want to find out about other options available for your second or third time buying a home or property, talk to us at Homebuilders IQ. We’ve got you covered.
About Us
Homebuilders IQ is one of the top builders in Perth with over 15 years of industry experience. We have partnered with the leading construction experts and finance lenders who specialise in all types of loans to give the best deals for our clients. We specialise in providing assistance to first and second homebuyers, who need low deposit or no deposit home loans. Having worked with numerous project builders, and established strong relationships within the WA industry, Homebuilders IQ is a trusted homebuilder by many first (and even second) homebuyers.
our simple process
Get your home in 3 easy steps
step 1 finance
Our in-house finance team has access to the most rewarding finance options on the market. This includes access to some of the lowest deposit home loans in Perth; experience with applying for government assisted programs; plus advice on guarantor loans and bridging loans.
step 2 Land
Let us work with you to find the best-priced land to suit the lifestyle you want. Our partnerships with local Perth developers gives us access to exclusive land in high demand areas, while at the same time cutting out the “middleman” to save you thousands!
step 3 house
Choosing the right builder is the single most important decision for any homebuyer. As your trusted, independent homebuilding partner, Homebuilders IQ works for you, not the builder. Our unique team of 15 builders ensures we will not only find the right home for you, but we’ll be building with a builder that will get the best job done.
