“Help to Buy Scheme” gets a Boost

The Help to Buy scheme just got a little more helpful. If you’re looking to buy your first home, you might now qualify for extra Government support.

From this financial year:

• The Government could contribute up to 40% of the property price
• Income limits have increased to $100,000 for individuals and $160,000 for couples or single parents
• Property price caps are also higher and now reflect average prices in each state

This makes it easier for more people to get into the housing market with a smaller deposit and lower repayments.

Looking to buy your first home and wondering if this scheme could work for you or looking for mortgage broking? Let’s explore your options together. Call us on 1800 618 800 or email admin@simmonslivingstone.com.au to get started.