Incredibly helpful, breaking down the steps to build my first home. In order to provide you with the full range of financial services from several lenders so that you can finally construct your own home, we Better Way 2 Build company have partnered with Finance365. At Perth Home Brokers, it’s our priority to get as many people as possible owning a brand new home that they can call their own.

Property value caps may apply, depending on when you enter or entered into your contract. To help you work out if you are eligible for the First Home Guarantee, use the Eligibility Tool for a quick check of the main eligibility criteria. The tool is only a guide and your Participating Lender will confirm your eligibility. As an applicant, you were required to meet the following eligibility criteria.

The information on this page is general in nature and has been prepared without considering your objectives, financial situation or needs. You should consider whether the information provided and the nature of any home loan product is suitable for you and seek independent financial advice if necessary. Megan is a Finance Writer and Head of PR at Money with over a decade of industry experience. She keeps her finger on the pulse of financial trends, providing journalists and media with data, insights, and news that help Australians navigate complex topics and concepts. She's certified in Finance & Mortgage Broking and is compliant to provide general advice in Tier 1 General Insurance.

For more information on the NatHERS rating tool or if you want to find out what climate zone you will be building in, please visit the NatHERS Interactive Map. All of our plans can achieve a high star rating, depending on their inclusions, orientation and the final rating is reliant on independent choices & site location. A builder with awards or industry recognition has usually gone the extra mile to stand out. It’s not everything—but it does show they’re respected and take pride in their work. The choice of a builder will be influenced by the size and type of project.

Make sure your contractor is properly licensed and they have all the required qualifications to complete your project. Use the Verify NSW website to look up your contractor's name or licence number to Better Way 2 Build company make sure their licence is valid. If you're hiring a builder, you can visit the iCIRT Register, where you can search for rated professionals. Practical advice to help you find the right tradesperson or builder for your home building or renovating project. Sign up to our mailing list for upcoming industry news and features.

Ultimately, securing finance early on sets a solid foundation for a successful home building experience. With 47 years of industry experience, Summit stands out as Perth’s most reliable builder. The Summit Homes Group’s vertical integration encompasses over 19 subsidiaries, including four new home brands, land estates, residential solutions, supply services, and modular solutions. At Summit Homes Group, we are built around people, and we understand that building a home is one of life’s most significant and exciting investments.

In most cases, your financial institution will lodge your first home owner grant application for you if it is an approved agent but you can lodge your application by yourself through RevenueSA. To be eligible for a grant, you, or your spouse or domestic partner, cannot own, or have previously owned residential Better Way 2 Build company property in Australia. But contracts signed on or before the 5 of June 2024 are subject to a property value cap. This means, a grant is only available for property purchases up to a certain market value.

On Monday (16 June), the Cook government launched a new product under its Keystart program – a low-deposit modular loan product to assist more people, particularly in regional Western Australia, to purchase a modular home. The Western Australian government has introduced a low-deposit modular lending product and plans to roll out a new shared equity loan to assist home buyers. Note both the purchase price and the Property Value must not exceed the price cap. For new builds with vacant land and a separate contract to build a home, the combined land purchase price and build cost must be equal to or under the price cap. The First Home Owner Grant (FHOG) in Western Australia provides a one-time payment of $10,000 to assist first home buyers in purchasing a new home. The grant is available for properties valued up to $750,000 and applies to both metropolitan and regional areas.

The FHOG is available for the purchase of a new home or a home that has undergone substantial renovations. The first home owner grant is different to the Australian Government's First Home Guarantee scheme.

Ask them about their experience, what type of homes they specialize in, and how they would approach building your dream home. Read online reviews and talk to people who have used their services. This will give you a good idea of what others think of their work. Whether you’re building from scratch or Better Way 2 Build company exploring house and land packages, here are seven key things to think about before locking in your builder. Residential home builders manage and execute the entire process of building a new home from the ground up.