FHOG advice

Hi Simon,

Quote from one of FOHG criteria states:
Each applicant and their partner must not have owned and occupied a residential property, either jointly, separately or with some other person on or after 1 July 2000, in any State or Territory of Australia;

Does this mean as long as the applicants have not occupied their investment properties (can be more than one), which were purchased after 1 July 2000, they are still eligible for FHOG?

Thanks

Hi Simon,

Quote from one of FOHG criteria states:
“From 1 January 2004, at least one applicant must occupy the home as his or her principal place of residence for a continuous period of at least 6 months commencing within 12 months of either settlement or completion of construction.”

1) All our investment properties were purchased after 1 July 2000 and we had never occupied any before. We plan to move into one of them in Jan 2005. As it is more than 12 months of settlement, are we eligible for FHOG?

2) If we are eligible, when is the earliest we can apply for FHOG?
i) Now,
ii) Jan 2005, or
iii) Upon occupying the home as our principal place of residence for a continuous period of at least 6 months?

Thanks.