The Australian Government has recently announced that the first home owners grant will be increased.
The boost to the grant for first home buyers will be as follows:
1. First home buyers who purchase established homes will receive a boost of $7000 that will double the grant to $14,000
2. First home buyers who build a new home or purchase a newly constructed home will receive an extra $14,000 to take their grant to $21,000.
If you are a first home buyer in Australia then now could be the time jump into the market.
As the home loan market can be a daunting place, if you are looking for more information on home loans and selecting the best home for you visit www.goodloanguide.net to find out more.
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