Home Builder Scheme Extended

The government scheme offering cash grants to Australians for housing construction projects has been extended, but at a lower amount.

The scheme, which was set to end at the conclusion of 2020, has now been stretched to 31 March 2021. However, all contracts signed between 1 January and 31 March will have the grant amount reduced to $15,000, down from the previous $25,000.

While the property price caps for new homes built in New South Wales and Victoria have been raised, the cap remains at $750,000 for all other states and territories.

The eligibility criteria will remain the same; individuals will need to be earning less than $125,000, and couples less than $200,000, while the value of the land and build together cannot exceed $1.5 million (pre-renovation).

Prime Minister Scott Morrison said that the extension is set to create 15,000 more homes, in addition to the 27,000 homes the scheme is expected to support.

“We’re keeping people in jobs and putting Australians’ dream homes within reach. Extending HomeBuilder will mean a steady pipeline of construction activity to keep tradies on the tools,” Morrison said.

Let us help you find the right lender for your home construction! Use the form below and we will be in touch as soon as possible to discuss your options.

    Fast & Free Assessments

    I want to enquire about :

      Fast & Free Assessments

      I want to enquire about :

      • All
      • First Home Buyers Loan
      • Home Loans

      Do I Qualify For A $15,000 First Home Buyers Grant In QLD?

      Do I Qualify For A $15,000 First Home Buyers Grant In QLD? The First Home Owners Grant (FHOG) is a State Government initiative, which assists First Home Buyers into purchasing their first home. If you’ve never owned a property, and you’re either ‘building’ or ‘buying a brand-new home’ in Queensland then you are most likely

      Types Of Purchasing Contract

      Types Of Purchasing Contract An “Unconditional Contract” as suggested is an agreement where you purchase the property for an agreed price without any conditions.  A “Conditional Contract” includes conditions that need to be satisfied before the contract becomes unconditional. A typical condition found in most contracts, is a finance condition which states that the contract

      Why Choose Brisbane Home Loans

      You're In Good Hands

      Brisbane Home Loans is all about good old fashioned personal service without exception.

      We Find The Right Deal For You

      We take the time to listen to your needs and then search the market for the best products that satisfies your needs at the lowest possible cost to you.

      Ongoing Comittment

      We continue to work for you after the deal is finished, ensuring that we asess any new offers that become available which may improve your current deal.

      One Stop Lending

      We give our clients access to Personal Loans, Home Loans, Investment Loans and Commercial Loans.  You always only deal with on person for all your lending services.

      How We Work With Our Clients

      We can meet clients in our office, in their home, their office or the local coffee shop. Our initial interview will helps us understand the clients needs in the short, medium and long term so that we can find the best possible lender for your loan.

      The world of financing continues to be more and more complicated. Our Lenders have experience in finding the right product to meet the specific needs of each of our clients.  During this phase, we identify two to three options that may be suitable.

      Our Lending Specialists will present to you a number of options available outlining  the differences, benefits and downfalls of each option presented. Our preferred option and reasons why, we consider this the best fit for you will be clearly explained.

      Our Lending Specialists work with our clients to have all documentsation signed, submitted to the lending institution and processed through to approval.

      We pride outselves on client service which is why our Lending Specialists establish a reasonable review timeframe where they touch base with our Clients to ensure everything is working as planned.  During this review, the client is made aware of any new financing options in the market.

      Brisbane Home Loans is not about one off loans. We truly care about our clients, which is why we stand by their side beyond the completion of the loan.

      What Does A Mortgage Broker Do

      Listen and Evaluate Your Needs
      Calculate How Much You Can Borrow
      Compare Options Available to You in The Market
      Provide You Expert Advice
      Do All The Leg Work
      Obtain Pre-Approval For You
      Create A Plan For You To Ensure Your Always Getting The Best Deal
      Most Importantly We Provide This at No Cost To You


      Request a call Back.

      Would you like to speak to one of our financial advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.

        Immediate Response: