HomeBuilder Grant

A $25,000 HomeBuilder Grant for Australians looking to build a new home or substantially renovate an existing home was announced today, Thursday 4th June 2020. The Australian Government have designed the program to assist the residential construction market by encouraging the commencement of new home builds and renovations.

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Deposit Bonds

A deposit bond is like a financial guarantee to the vendor for the 10% cash deposit normally paid when exchanging contracts to purchase a property. In instances where a purchaser does not have the full 10% deposit required to exchange contracts, they provide a deposit bond as a cash substitute, no money actually changes hands until settlement.

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