The New South Wales government has recently introduced a new initiative called First Home Buyer Choice, which means that first-home buyers will have the opportunity to pay a property tax on their land's value, as opposed to a large upfront stamp duty. 

In today's episode, Michael breaks down the latest changes for first-home buyers in NSW, with the First Home Buyer Choice legislation that has come into effect on the 11th of November, 2022. He also answers some important questions about what this new change means, and poses some scenarios to help you determine if you're eligible, and what your home-buying process might now look like. 



Resources and links:
Article about the First Home Buyer Choice initiative



Connect:
Lendstreet website
Lendstreet on Facebook
Lendstreet on Instagram
Lendstreet on LinkedIn
Michael Nasser on Twitter

The New South Wales government has recently introduced a new initiative called First Home Buyer Choice, which means that first-home buyers will have the opportunity to pay a property tax on their land's value, as opposed to a large upfront stamp duty. 
In today's episode, Michael breaks down the latest changes for first-home buyers in NSW, with the First Home Buyer Choice legislation that has come into effect on the 11th of November, 2022. He also answers some important questions about what this new change means, and poses some scenarios to help you determine if you're eligible, and what your home-buying process might now look like. 
 
Resources and links:
<ul>
<li aria-level="1"><a href="https://www.mpamag.com/au/news/general/parliament-approves-nsw-stamp-duty-reforms/427146">Article about the First Home Buyer Choice initiative</a></li>
</ul>
 
Connect:
<ul>
<li aria-level="1"><a href="https://lendstreet.com.au/">Lendstreet website</a></li>
<li aria-level="1"><a href="https://www.facebook.com/lendstreetmortgagebrokers">Lendstreet on Facebook</a></li>
<li aria-level="1"><a href="https://www.instagram.com/lendstreetmortgagebrokers/">Lendstreet on Instagram</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/company/lendstreet/">Lendstreet on LinkedIn</a></li>
<li aria-level="1"><a href="https://twitter.com/mnasserbroker">Michael Nasser on Twitter</a></li>
</ul>

Wavelength Creative

The Home Run is a show that walks you through the first home buying process from every angle. We cover the steps to take, the pitfalls to avoid and answer all the questions you've been dying to ask. No matter what stage you're at, you'll learn everything you need to know about buying your first home. Produced by Michael Nasser, Mortgage Broker at Lendstreet.

The Home Run is a show that walks you through the first home buying process from every angle. We cover the steps to take, the pitfalls to avoid and answer all the questions you've been dying to ask. No matter what stage you're at, you'll learn everything you need to know about buying your first home. Produced by Michael Nasser, Mortgage Broker at Lendstreet.

The Home Run is a podcast that walks you through the first home buying process from every angle.

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