Sharing with you some important information.
If you have any questions, please contact the BTO Finance team
Stamp Duty, what is it?
Stamp is a type of tax imposed by the state government which applies to the transfer of real estate property, as well as other transactions.
The rate of tax payable will vary depending on the type of transaction, the value of the transaction and the state or territory.
Depending on the nature of the transaction, certain concessions and exemptions may be available.
For more information, please visit: https://www.business.gov.au/finance/taxation/stamp-duty
First Home Owner Grant (FHOG)
A First Home Owner Grant (FHOG) is available when you buy or build your first new home.
For the latest information on the FHOG in Victoria, please visit: https://www.sro.vic.gov.au/fhogapply
How are we remunerated for our services?
We are pleased to advise that we offer most of our services at absolutely no charge to you. How is this possible?
Through research and proposing the most suitable lending offer, licensed brokers are remunerated by the selected lender. Fees are already built into the loan, which means the rate you’ll get from us is the same and are often better than what you’d get by going direct to the lender. On average, we receive
- approximately 0.625% of the loan amount for arranging a successful loan settlement, and
- thereafter, a trailing management fee of 0.15% p/a on the balance.
In some cases, complex credit structures or applications involving multiple parties may incur a small credit advice fee. We are committed to transparency and will be upfront with you from the outset about any potential fees or charges.
We are more than happy to discuss any of the above processes and ensure that we maintain transparency and mutual understanding around this topic.
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Simply fill out the enquiry form and we will be in touch within 48 hours.
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