Habib Bulut
Finance Broker
Sunshine North, VIC
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Hi I have client they are both first home buyers brother and sister. They both going to purchase owner occupied property together jointly. Can both claim first Home Owners Grant so they can use for deposit?
Responses
The First Home Buyer is usually given to an individual or a couple,and does not extend to family members jointly buying. You can look at AMP and CBA to individually have loans that can function independently to other people paying slower or faster than the other person. Best to check First Home Grant at the Office of State Revenue of the state.
Im gonna go out on a limb without checking any legislation and say probs not. If that was the case you would cobble together a fleet of people to buy a property as tenants in common and pay for the whole shooting match from FHOG
cheers
BC