First Home Owners Boost and Declining Interest Rates make the Aussie dream affordable

Are you, or someone you know, in the market for purchasing a new home?

With rent availability low, interest rates declining and cheaper dwellings making the dream of owning a home more affordable, you could join other first home buyers who are rushing to take advantage of a temporary boost in the Federal Government's housing grant, while it's available. 

The First Home Owners Boost is available until 30 June 2009.  It increases the payment available through the First Home Owners Grant, which was introduced on 1 July 2000 and is anticipated to end on 30 June 2009.

What does the First Home Owners Boost mean in dollar terms?

• If you're purchasing an existing home, you may receive a total payment of $14,000 ($7,000 First Home Owners Scheme grant + $7,000 First Home Owners Boost).
• If you're purchasing a new home, you may receive a total payment of $21,000 ($7,000 First Home Owners Scheme grant + $14,000 First Home Owners Boost).

The grants are administered by state and territory governments and applications are available on the state and territory revenue office websites.

Streamline accessing the best interest rate

At MPR Group, we have a free service available to our clients to assist them achieve their goal of owning a new home.  Russell Sharp, Principal of MPR Finance, can find and obtain the best loan facility and interest rate for you.

If you would like to access this service, please contact Russell Sharp, Principal of MPR Finance on 03 9869 5900, mobile 0437 074 547 or email us.

Russell will arrange a convenient time to meet with you and explain your options in more detail.

Business owners - Russell also provides lunchtime or out of work hour presentations.  If your staff would find it valuable to spend 30 minutes of their time learning about their finance options, contact us to talk about how this works.