BRICKSTONE
Property Investment
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Home buyer grants and assistance schemes
Our mission at Brickstone Property is to help first home buyers enter the property market with ease. We provide comprehensive guidance and support from start to finish, ensuring that our clients are well-informed and confident throughout the process. With low deposit home loans and no Loan Mortgage Insurance required, our clients can save significantly. We offer a range of services tailored to first home buyers, including access to Government scheme to First Home Buyers exclusive benefits and opportunities. Get in touch with us today to learn more about how we can help you take your first steps towards property ownership.
The First Home Guarantee (FHBG) is part of the Home Guarantee Scheme (HGS), an Australian Government initiative to support eligible home buyers to buy a home sooner. It is administered by Housing Australia on behalf of the Australian Government.
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Under the FHBG, part of an eligible home buyer’s home loan from a Participating Lender is guaranteed by Housing Australia. This enables an eligible home buyer to buy a home with as little as 5% deposit without paying Lenders Mortgage Insurance.
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For the FHBG, any Guarantee of a home loan is for up to a maximum amount of 15% of the value of the property (as assessed by the Participating Lender). This Guarantee is not a cash payment or a deposit for a home loan. Eligibility criteria apply.
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From 1 July 2023 – 30 June 2024, 35,000 FHBG places are available.
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The initiative is open to: single parents of a dependent child or children. single people 50 years of age or above, or. first home buyer key workers who are nurses, midwives, paramedics, teachers, early childhood educators or police officers.
First Home Buyers Guarantee
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Shared Equity Home Buyer
First Home Buyers Assistance
First home buyers receive a transfer duty exemption or pay a reduced rate when buying an existing home, new home or vacant land to build a home on worth up to $1 million in NSW.
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First Home Owner Grant
First home buyers who are building or buying a newly built home may be eligible for a $10,000 grant to put towards the purchase price of New Home
Home Buyer Assistance Finder
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The tool gives you an indication of whether you’re eligible for one or more of the NSW Government programs to support home buyers and provides instructions on how to apply.