• The Right Start by Mirvac


    The Opportunity

    In response to the growing challenge of housing affordability, Mirvac is making it easier for first home buyers to get a foot in the door by lowering the deposit barrier on select homes at Brighton Lakes for a limited time only.

    The Right Start by Mirvac will allow prequalified first home buyers to exchange with just 5% deposit presenting an exclusive opportunity to buy in this lifestyle masterplanned community.  

    Pre-qualified First Home Buyers will be offered the following:

    • 5 homes reserved exclusively for pre-qualified first home buyer
    • 5% deposit at exchange
    • Balance of payment due at settlement

    To qualify for The Right Start by Mirvac, you will need to provide the following information to your Mirvac Sales Consultant prior to exchanging contracts:

    • Proof of Australian residency (copy of your passport or a copy of your current driver’s license and Medicare card), and
    • A completed statutory declaration form confirming your eligibility as a first home buyer

    The opportunity is only available for enquiries and sales made at the Brighton Lakes Sales Office, Cnr Christiansen Blvd and Brickmakers Drive Moorebank. Open from 11-4pm, 7 days.


    The Application Process

    • Eligible Purchasers apply for Mirvac’s First Home Buyer Opportunity upon contacting a Mirvac Sales Consultant and placing the selected Mirvac Ready Home on hold by paying a $1,000 fully refundable holding deposit
    • Mirvac reviews the application and determines if the application is successful
    • Eligible Purchasers pay a 5% deposit and contracts exchange.

    Terms and Conditions 

    These terms and conditions are not an offer to contract and are to be used as a guide only.  The contract for sale is the legal document that binds you to the terms of the contract.  You should seek legal advice prior to signing a contract. Purchasers should be aware that making a false statement on a statutory declaration is a criminal offence under Section 11 of the Statutory Declarations Act 1959 and carries a term of imprisonment.

    • To be eligible for The Right Start by Mirvac you must sign a statutory declaration that all purchasers on the contract have not “owned or had a relevant interest in a residential property in Australia before and have not previously received or retained a grant under the “First Home Owner Grant Act 2000” in accordance with the Office of State Revenue’s requirements.” (“Eligible Purchaser”).  
    • All Eligible Purchasers must be Australian permanent residents or Australian citizens at the time contracts are exchanged.  You will be asked to provide either an Australian Passport or a Medicare card and current Australian drivers licence as evidence
    • Eligible Purchasers must pay a $1,000 fully refundable holding deposit.
    • Within 10 business days the Eligible Purchaser must provide the balance of the initial deposit which is 5% of the contract price (less $1,000 holding deposit). Deposit bonds can be provided as payment for the initial 5% deposit.
    • The Right Start by Mirvac opportunity for selected homes at Brighton Lakes is limited to applications lodged between 8th July and 31st July 2017on a first-in-basis at the Brighton Lakes Sales Office, Cnr Christiansen Blvd and Brickmakers Drive Moorebank, or unless Mirvac decides in its absolute discretion to discontinue The Opportunity sooner.

     

    Payment of the Deposit Balance by Bank Guarantee or Deposit Bond

    Eligible Purchasers may elect to provide a bank guarantee or approved deposit bond (Approved Bond) in lieu of paying cash.  

    Provision of an Approved Bond must be supplied to the vendor’s solicitor within 45 business days of exchange of contracts and must be for the value of the deposit and valid through to the sunset date specified in the contract for sale.

    Deposit Bonds will only be accepted from QBE Insurance direct, Deposit Assure or other reputable Australian bond providers pre-approved by the vendor*.

    The deposit bond provider will require purchasers to provide their financial details and in some cases may require a guarantor.
     
    *See Sales Consultant for a list of approved providers.


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