New Home Building Finance
With Metrostyle, we understand that financial positions are variable. And that’s why we’re committed to work with you to begin your home building adventure with professional assistance.
You can access to our long-standing relationships with some of Perth’s top financial specialists. And we are confident that we’ll be able to help you to find a finance provider and product to suit you.
We are here to help you discover the best financial solution to your circumstances.
New Home Building
Building a new home is a big decision! Finding the right financial solution is the crucial first step on your adventure. We collaborate with some of Perth’s top finance specialists to provide you with solutions to meet your financial goals, family needs and suits your lifestyle.
Whether you’re building the family home, knocking down an old home to build brand new, or building for investment purposes, have peace of mind knowing that you have access to the best possible options available.
First Home Loan Deposit Scheme
Beginning 1 January 2020, the Australian Government designed an initiative to support eligible home buyers to purchase their first home.
10,000 scheme places were made available in the first release, with 3,000 registered within the first few weeks!
There are several criteria that will need to be met to satisfy eligibility including an income test, prior property ownership, citizenship, minimum age, deposit etc.
To find out more about your eligibility, contact us.
First Home Owners Grant
Building your first home is one of the biggest and most exciting decisions you will ever make!
Helping first home buyers in Perth take this step is the $10,000 First Home Owners Grant which is available to those building a brand new home.
The First Home Owners Grant is financial assistance awarded by the government to help people of Perth make the first step into home-ownership.
Building with Residential Building WA, one of Perth’s top builders, the First Home Owners Grant can go so much further. You’ll be able to add the personal touches to your home such as feature pendants or having a bit extra at Pre-Start to make your first home absolutely perfect.
Keystart is a ‘Low Deposit’ home loan which is available to anyone who qualifies under the current income limits, as a generous initiative of the Western Australian Government. As long as you don’t currently own any home or land at the time of settlement, then this home loan is available to first time and subsequent home buyers.
To qualify, potential buyers must not exceed the income caps set out.
Single earning up to $105,000
Couples earning up to $130,000
Families earning up to $155,000
In addition to the provision of affordable finance options, Keystart’s most attractive feature is the requirement for a minimal deposit. It can be from as low as 2% of the property’s total purchase price. And this is an ideal solution for first home buyers, particularly those who are renting, as the First Home Owner’s Grant can help to contribute towards the deposit.
Another significant feature from Keystart is that they do not require Lenders Mortgage Insurance (LMI). This is a major cost-saving, which can save tens of thousands.
Chat to us today about any of your new home finance requirements and we can talk you through it.
Page last updated: 29 December 2020