Phoebe Blamey
speaker
357 appearances
1 recordings
1 series
first heard Apr 2022
last heard Apr 2022
Phoebe Blamey’s voice in public audio — every appearance, attributed to the second.
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Appearances
So if you're not a first home buyer, you have to pay stamp duty in Victoria.
You have to pay stamp duty everywhere pretty much if you're not a first home buyer.
So you can put 2% down and the lender will lend you the rest as long as you can afford to pay it back.
If you're buying for, say, $400,000 and there is stamp duty involved, say the stamp duty is $10,000, you need $410,000 to complete the purchase.
You'll need an $8,000 deposit to do that.
And that's all.
No, it's 2% of the purchase price.
2% of the purchase price.
They'll add the stamp duty on top because that's a cost to buy.
And then they'll do it all for the $8,000 that you've got.
So if you get a great tax return, which I suppose a few people will this year, get a great tax return, there's your $8,000.
Yeah.
Put it towards a home.
What are the other rules?
I've never heard of this 2% scheme.
You have to have a child.
Okay, so single parent.
You have to be a sole parent.
You don't have to be the primary carer of the child.
So we've done a loan for a dad that had the kid
Showing 101–120 of 357 · page 6 of 18
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