Buying a home from UK - First Home Buyers Grant
#1
Just Joined
Thread Starter
Joined: Jun 2009
Posts: 1
Buying a home from UK - First Home Buyers Grant
Hi
I was just wondering if anyone has bought a house in Sydney or Brisbane while in the UK? and how you dealt with the first home buyers grant?
Were you able to apply for any exemption as you are working in the UK? or do you have to return home within the 12 months to live in the property for the 6 month minimum period.
Thanks
I was just wondering if anyone has bought a house in Sydney or Brisbane while in the UK? and how you dealt with the first home buyers grant?
Were you able to apply for any exemption as you are working in the UK? or do you have to return home within the 12 months to live in the property for the 6 month minimum period.
Thanks
#2
Re: Buying a home from UK - First Home Buyers Grant
You have to reside in the property once settlement takes place for the prescribed period.
#3
Re: Buying a home from UK - First Home Buyers Grant
The grant rules seems clear. You must move into your home that you receive the grant for within 1 year of buying it and must live there for a period of 6 months as your principal place of residence to retain the grant. If you don't then you will end up paying it back.
http://www.osr.qld.gov.au/first-home...og/index.shtml
http://www.osr.qld.gov.au/first-home...og/index.shtml
#4
Re: Buying a home from UK - First Home Buyers Grant
Estate agents weren't keen on even letting me arrange a viewing, till I was in the country, never mind buying it!
#5
Forum Regular
Joined: Mar 2008
Posts: 299
Re: Buying a home from UK - First Home Buyers Grant
We did this, and yes centurion is right. we moved in to the property in Nov after after buying it in June. applied for and received the grant once we were in Aus. Did'nt see it once although had seen a few houses down the road when on a reccie and did have family to look around it. Viewing room layout or plans is a must.
Was a tad stressful though, but mainly because we did'nt know the process
Good Luck
It worked out well for us.
Was a tad stressful though, but mainly because we did'nt know the process
Good Luck
It worked out well for us.