Tag Archives: first home owners grant

First home buyers cheating to get extra grant money

15. Dec, 2008 | 0 Reviews

Developers First Home Buyers First Home Owners Grant House prices

First home buyers are allegedly forward dating contracts to illegally claim the boosted first-home grant. Some dodgy real estate agents and mortgage brokers are encouraging the fraud, suggesting buyers change the date of existing contracts to fall after October 14 so they qualify for the latest lucrative federal government grants. Forward-dating contracts could net first-home [...]

Mortgage interest rate cuts and first home owners grant increases build home sales

29. Nov, 2008 | 0 Reviews

Developers First Home Buyers Interest rates New Home Buyers New Home Finance New Home Investment

The sale of new homes rose strongly in October, the same month as Government assistance to first time owners was tripled and interest rates cut further, a survey shows. Yet despite the first monthly sales increase in four months for new homes, the housing industry says a recovery in the sector is still some way [...]