First Home Owners Grant

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cjracey
Posts: 52
Joined: Mon Jun 15, 2009 12:13 pm

First Home Owners Grant

Post by cjracey »

Me and my partner are buying a home together as first home owners. However, I have a situation which my partner is going to go overseas, so if I am the only person going to stay in the house for the 6 months. Does that satisfy the requirements for the grant?

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Otto Dargan
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Re: First Home Owners Grant

Post by Otto Dargan »

Yes one of you must live in the property starting within the first 12 months and must live there continuously for 6 months. If the other person doesn't then this is still ok.
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cjracey
Posts: 52
Joined: Mon Jun 15, 2009 12:13 pm

Re: First Home Owners Grant

Post by cjracey »

Hi Otto,

Thanks for the quick response.

What about holidays? So does that mean I cannot go overseas at all in that 6 months?

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Otto Dargan
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Re: First Home Owners Grant

Post by Otto Dargan »

Cj it has to be your principal place of residence. So going for a holiday would be ok. Refer to your state government if you are not sure.
Otto Dargan
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P | 1300 889 743
Home Loan Experts

cjracey
Posts: 52
Joined: Mon Jun 15, 2009 12:13 pm

Re: First Home Owners Grant

Post by cjracey »

Oh cool. Thanks for the help.

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