What's happening?
Buying your first home involves a number of unfamiliar steps, from understanding the contract to arranging finance and completing settlement. Various government schemes and concessions may apply to eligible first home buyers, though eligibility and benefits depend on current legislation and your individual circumstances.
What could it mean for me?
- Eligibility for any first home buyer concessions or grants depends on current rules and your circumstances
- Finance approval timing can affect your ability to meet contract deadlines
- Missing an eligibility requirement could affect access to a concession or grant
- Understanding the contract terms is especially important if this is your first purchase
What are my options?
- Seek advice on the general process before you start inspecting properties
- Have contracts reviewed before signing
- Check with the relevant authority whether you may be eligible for any current schemes
What happens next?
- We explain the conveyancing process in plain terms
- Contract is reviewed once you find a property
- We assist coordinating with your lender
- Searches and due diligence are carried out
- We guide you through to settlement
How can MGE Lawyers help?
We take extra time with first home buyers to explain each step, aiming to make an unfamiliar process feel manageable from contract to settlement.