So as long as you dont live in the IP, you can use FHOG later on when you choose to purchase PPOR.
Is that true ?
you can use FHOG later on when you choose to purchase PPOR. Yes that is true.
Richard Taylor | Australia's leading private lender
Yes, the NSW office of state revenue can confirm that if you email them.
wdemirdonder wrote:So as long as you dont live in the IP, you can use FHOG later on when you choose to purchase PPOR. Is that true ?False
see
3. Are you eligible to receive the grant?
at
http://www.sro.vic.gov.au/sro/SROWebSite.nsf/rebates_fhog.htm#3)
or
see
http://www.firsthome.gov.au/
pick state you live in and select more informationFrom the first link above…
- You and your spouse/partner must not have owned residential property, either jointly, separately or with some other person prior to 1 July 2000, in any State or Territory of Australia
- You and your spouse/partner must not have occupied for a continuous period of at least 6 months, a residential property in which either of you acquired a relevant interest on or after 1 July 2000 in any State or Territory of Australia.
This says to me that as long as you didn't own a property prior to 01/07/2000 and haven't lived in a property you own for more than 6 months, you're still eligible.
Remember ther Grant is a Federal Grant and only adminstered by the individual States.
Richard Taylor | Australia's leading private lender
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