The Morrison Government is backing in first home owners to enter the property market sooner with up to an extra 4,651 buyers set to benefit under the Government\u2019s Home Guarantee Scheme this year.
\nThe Scheme helps first home buyers and single parent families get into their own home sooner with a deposit of as little as five per cent or two per cent respectively.
\nPrime Minister Scott Morrison said the Government\u2019s Home Guarantee Scheme would reissue up to 4,651 unused guarantees for first home buyers from the 2020-21 financial year who haven\u2019t had an opportunity to purchase their first home, including because of COVID disruptions.
\n\u201cWe want more first home buyers to get into the place of their dreams,\u201d the Prime Minister said.
\n\u201cThe pandemic and lockdowns have interrupted the plans of many home buyers this year, so this is about ensuring we give thousands more families the opportunity they need.
\n\u201cWe want to help Australians into their first home or a home that they’ve had built for them and their family, and with our support first home buyers are at their highest level in nearly 15 years.\u201d
\nMinister for Housing Michael Sukkar said coupled with HomeBuilder and the First Home Super Saver Scheme, more than 300,000 Australians have been helped into home ownership, including almost 60,000 Australians through the Home Guarantee Scheme.
\n\u201cThe Morrison Government will continue to provide Australians who have that aspiration to go and buy a home, the opportunity to go and achieve that,\u201d Minister Sukkar said.
\n\u201cThe recent release of the annual Trends & Insiders Report for 2020-2021 on the Home Guarantee Scheme is further evidence that our Government is on the side of essential workers, women and young Australians as they make the leap into home ownership.\u201d
\nSome of the Report\u2019s key insights are:<\/p>\n
The Report can be found\u00a0here<\/a>. The Morrison Government is backing in first home owners to enter the property market sooner with up to an extra 4,651 buyers set to benefit under the Government\u2019s Home Guarantee Scheme this year. The Scheme helps first home buyers and single parent families get into their own home sooner with a deposit of as little … Continue reading “More opportunities for first home buyers”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14224","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/14224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=14224"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/14224\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=14224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=14224"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=14224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nLiberal Candidate for Corangamite Stephanie Asher said the Morrison Government\u2019s Home Guarantee Scheme had supported many families in the area into their first home, including 577 homes in Greater Geelong.
\n\u201cWith so many young people and families moving to Geelong, the Surf Coast and the Bellarine, this is about making it easier to make home ownership a reality,\u201d Ms Asher said.
\n\u201cIt\u2019s programs like this that will help even more people see the great lifestyle and opportunities our region has to offer.\u201d
\nFirst home buyers will be able to apply for these guarantees from the Scheme\u2019s panel lenders in the coming weeks. For more information, visit\u00a0https:\/\/www.nhfic.gov.au\/what-we-do\/support-to-buy-a-home\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"