Are you eligible for a $25,000 grant to spend on having your roof replaced at your home?
It has been revealed that the national government will be offering a $25,000 HomeBuilder grant for new home builds and renovations.
There is an eligibility criteria for the HomeBuilder scheme, you must:
- Be a natural person ( i.e not a company or trust)
- Be an Australian citizen, aged 18 years or older
- You are on an income less than $200,000 for couples and $125,00 for individuals
- Spending between $150,000 – $750,000 on a renovation that is for a home that has been valued at less than $1.5million (pre-renovation)
- Be building a new home worth less than $750,000 (including land value).
Importantly, the tax-free grant will apply to all home wonders, not just first home buyers.
All types of dwelling will be eligible under the HomeBuilder scheme. However, the grant cannot be used on any additions to the property that is separate from the home, such as a pool, tennis court, outdoor spa and saunas, sheds, or garages.
The grant will commence on the 4th of June 2020 and run until 31 December 2020. The HomeBuilder scheme will aim to complement the first Home Owners Grant programs, stamp duty concession, and other similar grant schemes.
A reroof will save you money in the long run.
So, why spend this grant on a reroof? It most cases if you have ever had a leaking roof you will understand the pain and costs involved. It is more cost-effective to get your entire roof replaced then constantly repaired. This is mainly due to stubborn leaks returning. A reroof can also Improve the performance of your roof by adding insulation and proper ventilation to your roof space. You will also remove any old issues you may have had in the past.
To quickly recap the Federal Government will give eligible Australians $25,000 to build or sustainability renovate their homes.
At Oates Roofing, we offer a free quote and a high-quality service guarantee on all of our roofing work. If you’re looking for peace of mind, we are the best option, with over 40 years of experience as roofing contractors in Melbourne.