To help first home buyers with the challenges of getting on the property ladder, some states have introduced First Home Buyer Affordability packages that include an exemption on stamp duty for properties up to a certain value.
Buying a home can be emotional enough as it is, even before you undergo the highs and lows of bidding at an auction. While we may not be able to eliminate the stress altogether, we can help minimise it by making sure you know what to expect before you walk into an auction.
Buying a home involves more than handing over a deposit and paying off a mortgage. We explain five major costs to plan for with tips on how to trim the tab – or at least make the expense more manageable.
It takes a lot more than a deposit to buy your home. And it pays to be financially prepared for the range of other upfront expenses that can be easy to overlook. Here’s what you need to know.
Mark Twain once said that “the only two certainties in life are death and taxes” and unfortunately stamp duty is one of those taxes.
This week we discovered how to make your property purchase stress free, learned of a new proposal to pay off stamp duty and listen to John Symond explain how Lender’s Mortgage Insurance works. Check out This Week’s Picks!
The NSW State Government is “actively” considering a proposal to allow first homebuyers to pay off their stamp duty in a HECS-like scheme.