Home Loan Repayment

Q Hi, the question I have is my partner and I want to move away from renting. We are both employed and also we both have not yet had the Government first home loan assistance. We are not married but are defacto.What are we entitled to for a first home loan each? Will we both get the $7000 assistance or will they half it? Any information would be greatly appreciated thanks.

A Hi & thank you for your enquiry. As you are living in a defacto relationship and you are looking to purchase in joint names you would only be eligible for one First Home Owner Grant of $7000.This could well be used to assist with the purchase of your first home. You will need to supply more information to be assessed for your borrowing abilities. Good luck with the house hunting.

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