Would you co-buy with the government? [Home Buyer Shared Equity Scheme, disaster or genius?] скачать в хорошем качестве

Would you co-buy with the government? [Home Buyer Shared Equity Scheme, disaster or genius?]

The cost of buying a home could be slashed by up to 40 per cent for more than 10,000 Australians under the Labor party's NEW 'Shared Equity' initiative. This week, the Australian Labor party announced their 'Help to Buy' scheme ahead of the federal election, which will provide an equity contribution of 40% of the purchase price of a new home and up to 30% for an existing dwelling for eligible Australians. The scheme aims to reduce the cost of homeownership for 10,000 Australians a year, by allowing the government to purchase up to 40 per cent of the equity in their house. Under the scheme, a homebuyer will also avoid Lenders Mortgage Insurance (LMI), but will still require a 2% deposit to qualify for a standard loan. The scheme will be available to Australians with an income of up to $90,000 for individuals and $120,000 for couples. According to Albanese, the scheme will enable savings up to $380,000 for new homes and $285,000 for existing ones, with price caps of between $550,000 and $950,000 depending on the state and region. The key points from the recent announcement are: ✅ Labour plans to ask the government to pay 30% or 40% of property costs! ✅. The program will offer 10,000 places initially! ✅ The scheme will be open to individuals earning less than $90,000 a year or couples earning less than $120,000 a year! ✅ The scheme is not exclusive to first home buyers, but participants must be Australian citizens and live in the home for two years! ✅ Homebuyers would avoid LMI! ✅ Homebuyers would only need a 2% deposit to qualify! ✅ Once a property is purchased, the owner can choose to purchase more properties from the government or keep the co-ownership structure! ❌ Labor Government gets its share of capital gains if a property is sold ❌ Essentially, the government would own up to 40% of your HOME!! But does this mean that the government wants to STEAL YOUR HOUSE? Here's everything you need to know: 00:00 Don't let the government STEAL your home! Labor's NEW 'Shared Equity' Scheme 00:18 Why Labor's New 'Shared Equity' Scheme is a DISASTER! 00:32 What is the NEW Shared Equity' Scheme? 01:03 Taxable Income Price Caps Explained 02:02 How 'Shared Equity' and 'Co-ownership' with the government works? 03:41 Would it work? Western Australia's 'Keystart' example! 04:45 Why this 'Shared Equity' Scheme is a DISASTER! 06:16 The Core Issue of this government scheme! 07:30 Why the government is introducing a lot of schemes 08:10 Our final advice for homebuyers For more info visit us at 👉 https://www.huntergalloway.com.au/ For home loan enquiries https://www.huntergalloway.com.au/con... Find Jayden here: https://www.huntergalloway.com.au/fre...   / mortgagebrokerbrisbane   https://www.huntergalloway.com.au/mor...   / jaydenvecchio   T: 1300 088 065 E: https://www.huntergalloway.com.au/con... Mortgage Broker Brisbane - Hunter Galloway Head Office: 3 Latrobe Tce Paddington QLD 4064 PO Box 841, Paddington QLD 4064 CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000 Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality. Next steps and settling your first home Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy. Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible. If you want to get started, please get in touch and we can book a time that suits you – either a phone call information session or a face to face meeting (which doesn’t cost anything for you). https://www.huntergalloway.com.au/con... #breakingnews #realestatemarket #mortgage #raterise #reserve #huntergalloway #property #propertyaustralia #news #advice #housingmarket #australianrealestate #realestate #homeloans #federalbudget #labour #albanese #australianrealestate #australianews #government DISCLAIMER: This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer. Full Disclaimer here – https://www.huntergalloway.com.au/you...