25K HomeBuilder Grant - What you need to know!

author Steve Foulis

Bespoke Brokers - Corporate 290620

Have you heard the news?! If you haven't, let me break it to you - the Australian government recently announced a 25K HomeBuilder grant! HomeBuilder provides eligible owner occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home, however there are conditions. To find out more click the link below to read MoneyQuest's HomeBulider grant frequently asked questions:

https://www.moneyquest.com.au/news/homebuilder-grant-of-25000/

This could be the extra help you need to get the plans out of your head and into reality.

The link above will give you all the answers but here's a list of the frequesntly asked questions:

1. What is the HomeBuilder grant?

2. When do I need to build my new home or commence my renovations?

3. Who can I use to build my new home or renovate my existing home?

4. Can I access HomeBuilder to knock-down and rebuild my home?

5. What dwelling types are eligible under HomeBuilder?

6. Can I access HomeBuilder to build a pool or shed on my property?

7. Can I be an owner-builder?

8. Am I entitled to HomeBuilder if I construct a new home for investment purposes?

9. Am I entitled to HomeBuilder if I choose to substantially renovate my investment property?

10. Does HomeBuilder replace the existing State and Territory First Home Owner Grants & stamp duty concessions and the Commonwealth’s First Home Loan Deposit Scheme and First Home Super Saver Scheme?

11. How do I know if I am eligible?

12. Why is the HomeBuilder eligibility criteria so strict?

13. How can I access HomeBuilder?

14. Can I appeal if my HomeBuilder application is unsuccessful?

15. What documents will I need to apply for HomeBuilder?

16. Is there a maximum number of people able to access the HomeBuilder scheme?

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