HomeBuilder Grant Deadline – The Burning Question That First Home Buyers Must Ask Their Builderlder

21 July 2020

For a limited time only, eligible first home owners could save up to $40,000 by combining two government grants – the Federal Government’s $25,000 HomeBuilder Grant and the Queensland Government’s $15,000 First Home Owners’ Grant. But there’s one very important point that potential first time home owners must research before choosing a builder, to avoid missing out.

With both home owner grants, you could save up $40,000 on the Hallmark home of your dreams.

Make sure your builder has the capacity to start construction within 3 months of your contract date.

Does your builder have the capacity to start within 3 months?

To receive the $25,000 HomeBuilder Grant (to build a new home up to the value of $750,000), not only must the contract be signed between 4 June and 31 December 2020, but construction must commence within 3 months of the contract date. So it’s more important than ever to do your research and ensure that the builder you choose doesn’t have delayed start times and can meet the HomeBuilder Grant deadline, as this could jeopardise your ability to receive the $25,000 HomeBuilder Grant.

As one of Queensland’s most successful home builders with more than 38 years experience, Hallmark Homes welcomes the Federal Government assistance. With strong supply chains, proven processes and seamless workflows in place, Hallmark Homes are in an excellent position to meet the 3 month construction commencement deadline.

“We have been made aware of a number of instances where people have almost signed with a builder that didn’t have the capacity to start construction within the required 3 month time frame, which would have made them ineligible for the $25,000 HomeBuilder Grant. I cannot stress the importance of doing your research enough. Getting this wrong could bring your dream of home ownership to an abrupt end, before it even starts,” explained Hallmark Homes’ Director, Anthony Gilbertson.

“Rest assured that Hallmark Homes have the capacity to meet the 3 month construction start deadline, so we encourage people to contact our sales team now to get the ball rolling ASAP.”

“We’ve had high levels of enquiry since the release of the HomeBuilder stimulus package. First home buyers who are in a position to purchase are keen to make the most of both government home buyer grants being offered. Consumer confidence is rising, and many customers are telling us the extra financial help is enabling them to start building earlier than originally planned,” Mr Gilbertson said.

“As COVID-19 restrictions ease, now is the perfect time to help stimulate the property market. It’s been a challenging time for many, but these two grants will ensure that buyers are not held back as they strive to become home owners,” he added.

Even more reasons to act now

With two government grants on offer, plus interest rates on home loans currently at a record low, many people are considering a new home build. But remember, time is critical, as the HomeBuilder Grant is only available on contracts signed between 4 June and 31 December 2020 that can meet the HomeBuilder Grant deadline. To find out more, consult the Australian Government HomeBuilder Grant Fact Sheet, the FAQ Sheet and the Queensland Government’s information on the Queensland First Home Owners’ Grant.

The home owner grants could make building your dream home a reality.

Hallmark Homes has just released 23 new designs.

It’s the perfect time to build a Hallmark home

By combining both home owner grants, you may be eligible to save $40,000 on the Hallmark home of your dreams. Plus, we have just released an exciting range of 23 brand new designs, featuring a choice of stunning facades inspired by the latest architectural trends. Many of the new designs have been specifically tailored to the first home buyer market, with more of the features you’ve been asking for. Featuring 4 bedrooms, 2 bathrooms, a study nook and a media room, the new Manly 186 is proving very popular with first home buyers – especially with two Hamptons-inspired façades to choose from. It’s a gorgeous home starting from just $154,950, so check it out now! Other homes in the new range start from a very affordable $139,990.

So if you’re thinking of building a new home in South-East Queensland, the friendly team at Hallmark Homes is ready to help. Come and visit one of our display centres for yourself or check out our virtual tours from the comfort of your own home. If you have any questions about our home designs, house and land packages, or how you can take advantage of the government grants on offer, please contact us today.

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