Information on government financial assistance for first home buyers

A grant from the Home Buyers Assistance Account reimburses some of the incidental expenses incurred in connection with the purchase of a first home in Western Australia, provided the applicants meet all criteria. Eligible applicants receive a grant of up to $2,000.

The grant can be used to reimburse some incidental expenses including?mortgage registration fees, solicitor and/or conveyancing fees, valuation fees, inspection fees, establishment fees, mortgage insurance premiums and lending institution fees associated with the purchase of your first home.

The scheme is funded from interest paid on real estate agents’ trust accounts.

Eligibility criteria

How to apply

You must complete the?application form?and follow the instructions on the application form. If you have any further queries, call the Consumer Protection Advice Line on 1300 304 054.

The State?Government’s First Home Owner?Grant and First Home Owner Rate of Duty

In addition to?the Home Buyers Assistance Account, first home owners may also be eligible for the State?Government’s?First Home Owner Grant?and/or concessional?First Home Owner Rate of Duty. The grant and concessional rate of duty are administered by the?Office of State Revenue. For further information, contact the?Department of Finance?on (08)9262 1299 or 1300 363 211 (WA country callers only).

SOURCE: www.commerce.wa.gov.au/

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