NSW First Home Buyer Choice in Salestrekker

If your customer is an eligible first home buyer in NSW, they now have a choice between paying stamp duty as a lump sum on settlement, or a smaller annual property tax.

As their mortgage broker, you will now be required to enter the information into Vownet according to which option they select.

Customers that opt for the annual payment will need to factor in this new cost as an ongoing expense for servicing.

An explanation of how this needs to be captured into Vownet is illustrated below.

Picture 1 - Include the expense under "primary residence body corp" and add comments that $X Land Tax has been included in the expense as part of the NSW First Home Buyer Choice.

Picture 2 - Edit stamp duty to remove the cost if the client opts to pay the land tax instead of the usual upfront stamp duty.

For more information, please go to https://www.nsw.gov.au/initiative/first-home-buyer-choice

Resi Solutions for Your Clients


  • Prime
  • Near Prime
  • Specialist
  • Alt Doc Lending
  • Redraw & Offset Available


  • Direct Access to Credit Analysts
  • By-pass Apply-on-Line for Essentials Applications. Quicker and Simpler process.
  • Accessible and Experienced Staff
  • No Credit Scoring *
  • No CCR (Positive Credit Reporting)*
  • Applications are manually assessed*
  • Fully assessed pre-approvals*
  • Upfront valuations *


  • Purchase or Refinance
  • Owner Occupied or Investment
  • Construction Lending*
  • Vacant Land Only*
  • Purchase of shares/Investments
  • First Home Buyers LVR's up to 98% incl. LMI*
  • Large Loan Amounts *
  • Cash out for Personal or Business use*
  • Debt consolidation--unlimited number of debts*
  • Full repayment of tax debt*
  • "Off the Plan" purchases*
  • Inner City Apartments*

Acceptable Incomes

  • PAYG Income
  • Self Employed Income--One Year Financials or Alt Doc Lending
  • Full Time/Part time/Casual/Second/Job/Contract
  • Employed by family
  • Pensions Inc. Veteran Affairs Pensions
  • Company Car/Vehicle Allowances
  • Permanent Allowances
  • Overtime/Commissions
  • Bonus Payments
  • Child support/maintenance
  • Return to work income
  • Parental Leave Income
  • 90% Residential Rent*
  • Up to 80% Commercial Rent*
  • Director's PAYG income only*

Policy Solutions

  • Newly Employed (No minimum employment required)*
  • Newly Self Employed* (ABN - 6 months)
  • No Genuine Savings Policy
  • Negative Gearing benefit
  • Tax Returns not completed
  • Clients with defaults
  • Discharge Bankrupts (one day)
  • Late payments on credit facilities
  • Expat Lending (Aus/NZ residents working Overseas)*
  • Return to work and Parental leave policy*
  • Commercial approach to exit strategies*
  • Lend anywhere in Australia
  • 40 sqm floor space*
  • High Density units*
  • 100 Hectares/240 acres*

We're here to support you! If you would like more information on how to get the best outcomes for your customers, please contact your Resi Business Development Manager.

*Please note, some of our niches are specific to certain products, please talk to your BDM to find out more

Assetline Capital's Clinch Bridging Loan

Have your clients bought their perfect property, but haven't sold their existing property? Help buy them some time over summer to find the right buyer and price for their existing property with Assetline's Clinch Bridging Loan, designed for Australian property owners.

A Clinch Bridging Loan can give your clients the flexibility to act first and sell later over the summer with flexible property bridging finance.

With conditional approvals in less than 6 hours for loans up to $10m and direct access to an experienced credit team, you can give more borrowers the certainty they need. Enjoy fast online applications, real-time updates, and industry-leading settlement time.

More details below:

  • Offer valid until 5pm 28th February 2023.
  • Borrow $200K - $5 million
  • Up to 6 months
  • No repayments until maturity
  • No early exit fees
  • Secure against residential, commercial or land assets
  • Metro postcodes only.

*Terms and conditions apply.

For more information, please get in touch with your YBR BDM.

Credit Repair Success Story

The team at Credit Fix Solutions is excited to share with you our most recent success story of how we managed to help one of our amazing broker partners to help their customers achieve their financial goals with our credit repair services.


Miss K and her partner had a home loan with a high interest rate, due to Miss K having a $696 default listed against her.

Leanne, their broker, referred them to us, in early December 2022.

By the first week of January, within 4 weeks, we had removed the default from Miss K's credit report.

Leanne confirmed that she was able to then get their refinance approved, at 3% less, saving her clients $2,000 per month.

The default would not have been removed automatically until the end of 2023.

So, in total, the savings Leanne achieved for her clients were around $18,000, less application fees and our removal fee etc.

The Process

  1. Email a copy of your client's credit report.
  2. Assessments are completed within 2 business hours.
  3. 3 to 8 weeks to remove data.
  4. Weekly email updates sent to you and your client (and any good news in between).
  5. Your client pays Credit Fix Solution's fee ONLY if we they are successful and you get to lodge your loan!

For more information, please reach out to your BDM.