02 June 2023 The NSW Government has recently implemented changes to housing grants and schemes aimed at supporting first home buyers in the state. Expansion of the First Home Buyer Assistance Scheme (FHBAS): Starting from 1 July 2023, eligible first home buyers will benefit from increased thresholds for transfer duty exemptions. The exemption threshold for…
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Buying Selling and Renting
Buying Selling and Renting
Buying Selling and Renting
General application – purchases dated from 16 January 2023 You will be required to complete the following two forms: First Home Buyer Choice application form PDF, 1067.19 KB. Purchaser/Transferee Declaration form (individual). PDF, 713.32 KB and supply evidentiary requirements to your conveyancer or solicitor who will lodge your application with Revenue NSW as part of the conveyancing…
Read MoreThousands of first home buyers can now fast track their home ownership dreams after the Perrottet Government’s landmark legislation received royal assent. Premier Dominic Perrottet said in a national first, buyers will now be able to choose between paying a smaller annual property tax or an upfront stamp duty on their first home. “First home…
Read MoreThe NSW Government announced increased thresholds for purchases of new homes and vacant land to build a new home from 1 August 2020. The threshold for existing home purchases remains unchanged. You may be eligible to apply for an exemption or reduction of transfer duty charges under the assistance scheme. This assistance scheme applies to…
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