First Home Owners Grant (FHOG) - Are You Eligible

What homes qualify? The $7000 grant
Homes which qualify for the First Home Owners Grant (FHOG) are residential buildings including a house, unit, flat apartment or townhouse anywhere in South Australia (meeting local planning standards). The home must be used as your principal place of residence within 12 months of the date of settlement (for an established home, or 12 months from construction date is completed for new homes).

Who is eligible to receive the grant?
A first home buyer who fulfils the criteria below:

• At least one of the applicants must be an Australian citizen or have permanent residency in Australia. New Zealand citizens permanently residing in Australia, who hold Special Category Visas, may also apply.
• None of the applicants or their spouse/de facto can have previously owned a residential property anywhere in Australia prior to 1 July 2000. For eligible transactions entered into between 1 July 2000 and 31 December 2004, an applicant or their spouse/de facto cannot have purchased a property and occupied that property.
• For eligible transactions entered into on or after 1 January 2005, an applicant or their spouse/de facto cannot have purchased a property and occupied that property for 6 months or more.
• For eligible transactions entered into between 1 July 2000 and 31 December 2004, applicants must occupy the home purchased or built as their principal place of residence within 12 months of the date of purchase or completion of construction.
• For eligible transactions entered into on or after 1 January 2005, applicants must occupy the home purchased or built, as their principal place of residence for a continuous period of at least 6 months commencing within 12 months after completion of the eligible transaction.
• Except in cases of legal disability applicants must be natural persons (that is, not a company).
• Everyone who on completion of the transaction will be an owner of the home is considered an applicant.
• Applicant(s) must be at least the age of 18 years at the time of making application for the grant.

How do I apply?
You can apply by completing and lodging the appropriate application form through Lending Hand Finance. You need to apply within twelve months of buying or building your first home.

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