Greater and HIA help first home buyers with Great Australian Dream

Date: 26/11/2008

Help is at hand for first time home buyers wishing to take advantage of the record financial assistance on offer to achieve the “Great Australian Dream”.

What: First Home Buyers Seminar
When: Wednesday December 10 from 6.30-7.30pm
Where: HIA Home Ideas Centre, 17 Murray Dwyer Circuit, Mayfield West
The Greater Building Society and Housing Industry Association (HIA) are teaming up to offer seminars in the Hunter next month.

A FREE, no obligation, public seminar will be held on Wednesday December 10. Bookings are essential as seats are limited. Phone: 4014 2000 or email: hunter_events@hia.com.au to book. A seminar for HIA members is being held on Tuesday December 9.

The seminars will provide information on applying for the First Home Owners Grant and other supplementary benefits, the process for obtaining a home loan, budgeting, as well as tips for saving a deposit.

Greater Building Society chief executive Don Magin said with recent Government incentives for first home buyers and falling interest rates, there has never been a better time to get into the property market for the first time.

“Buying a first home can be daunting and is not a decision to take lightly,” Mr Magin said.

“The seminars will give people all the information they need to know about buying their first home,” he said.

Up to $24,000 is available to NSW first home buyers of new homes. The First Home Owner Grant provides $14,000 to eligible first buyers of existing homes. For buyers of new homes or those building homes, an extra $7,000 is available under the Australian Government's First Home Owner Boost and an additional $3,000 is on offer under the NSW Government's New Home Buyers Supplement.

The Hunter based Greater Building Society is one of the largest building societies in Australia. It has 30 of its 65 branches in the region. HIA is Australia's largest residential building organisation.