First Home Owners Grant
First Home Owners Grant
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?
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
Re: First Home Owners Grant
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.
Re: First Home Owners Grant
Hi Otto,
Thanks for the quick response.
What about holidays? So does that mean I cannot go overseas at all in that 6 months?
Thanks for the quick response.
What about holidays? So does that mean I cannot go overseas at all in that 6 months?
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
Re: First Home Owners Grant
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.
Re: First Home Owners Grant
Oh cool. Thanks for the help.