Homeshare is a Tasmanian Government affordable housing initiative provided by Bendigo and Adelaide Bank Limited and available exclusively through Tassie Home Loans.
HomeShare reduces the initial cost of buying a house and the monthly cost of owning it. The scheme opens the door to home ownership for those who have enough income to make the step, but need a helping hand.
Under HomeShare, you share the cost of buying your home with the Director of Housing. By sharing ownership with the Director you may be able to buy a house you otherwise could not afford.
Through HomeShare you will own at least 70 per cent of your home. The Director contributes up to 30 per cent and their share is capped at $100,000 for house and land packages.
To be eligible for HomeShare you must:
All HomeShare loans are funded by Bendigo and Adelaide Bank Limited. You must meet all the Bank's eligibility criteria including acceptable sources of income. You must make loan repayments and pay all costs including rates and insurance to maintain your home.
Call us on 1800 687 377 or visit the Homeshare website here to determine your eligibility for Homeshare and make your dream home a reality!
|As at||(June 2020)|
|HOUSEHOLD TYPE||GROSS INCOME||GROSS INCOME|
|LIMIT / LIMIT||LIMIT / LIMIT|
|PER WEEK||PER ANNUM|
|2||0||1 829||95 119|
|2||1||2 196||114 180|
|2||2||2 562||133 242|
|2||3||2 929||152 304|
|2||4||3 294||171 271|
|1||0||1 591||82 712|
|1||1||1 829||95 119|
|1||2||1 959||101 847|
|1||3||2 323||120 814|
|1||4||2 690||139 877|