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The ACT Government’s Land lease Scheme is an even more way that is affordable obtain your own house.

The ACT Government’s Land lease Scheme is an even more way that is affordable obtain your own house.

Nice thing about it you only need a loan just for the building if you live in Canberra. That’s because you’re buying or building your home on land that’s rented from the government, so. This will make it way cheaper and quicker to possess your own house. Nonetheless it’s just obtainable in the ACT and eligibility requirements and federal federal federal government approval are expected.

Great fixed or rate that is variable.

Borrow as much as 90% for the value for the safety home. 1

Four-months pre-approval.

We are able to pre-approve your loan to help you seek out your premises with full confidence.

Solution to redraw.

Withdraw any repayments that are extra have made, or you might have a payment vacation. 2

Advantages and rates.

  • Loan terms as much as three decades. Maximise your loan term and minimise your repayments that are regular
  • Versatile interest and principal payment choices. You select whenever, exactly just how and just how much you spend
  • Additional repayments available 3
  • Parent equity available.
  • Establishment charge: $445 4
  • Settlement fee: $200
  • Monthly service fee: $0 5

Prices

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Land Lease Scheme FAQs

What’s the ACT Land Lease Scheme?

The Land lease Scheme is an ACT Government effort to improve use of home ownership that is affordable. Continue reading The ACT Government’s Land lease Scheme is an even more way that is affordable obtain your own house.