Rossiter Homes & Developments together with Tassie Home Loans are bringing you HomeShare - a Tasmanian Government initiative helping low and moderate income Tasmanians to buy their own homes.
HomeShare can turn the dream of home ownership into a reality by reducing the initial cost of buying a home and the monthly cost of owning it. In fact, under HomeShare you may pay little more (if not less!) for home ownership than you are presently paying for rent.
By sharing ownership with another person, in this case the Director of Housing, you may be able to buy a home that previously you could not afford.
You and the Director of Housing buy the home together. The amount of Director's share will depend on the purchase price and the size of the loan you can afford to service.
The Director's share will be capped at 25% of the price up to a maximum of $50,000. No rent or interest is charged on the Director's share. However you must pay rates, insurance and maintain the home. The Director's share must be bought after 15 years. You can do this by buying the Director's share or by selling the house.
You will also need to have a solicitor or a conveyance firm to process the buying of your share. You will receive $500 assistance towards the costs of conveyance and preparation of the mortgage documents.
Your eligibility for HomeShare and the amount you can borrow will be worked out by Tassie Home Loans.
For more information about HomeShare, click this link to the HomeShare INFORMATION BOOKLET.
How do I choose my design?
Check out our range of floor plans shown below. At Rossiter Homes we understand that everyone is different. All plans are fully adaptable to suit your needs.
I can't find a design that suits me
Don't stress! Simply contact our office today to view many more of our concept designs.
Where can I build?
Anywhere! That's the beauty of the HomeShare initiative. Simply talk to our friendly staff today about which area around Northern Tasmania you are interested in and we will source the land for you.
What is included?
Click the link to view our full list of HomeShare INCLUSIONS.
Where do I go from here?
Contact our office today to find out more. We will take care of every step from checking your eligibility and organising your finance through Tassie Home Loans to finding the perfect block of land and design for you and making the dream of owning your own home a reality!
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The Albany |
The Barossa 127 |
The Cairns 107 |
Click floor plans to view more information |
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The Camberwell |
The Chelsea |
The Sorrento 142 |
Click floor plans to view more information |
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