Saving up for a new house can be a tedious undertaking, even when you qualify for the state government’s First Home Owners Grant of up to $10,000. Many people admit foregoing the unnecessary expenses for a while to save for building a new house under programmes for house and land packages in Perth. For the sake of a brand new home, it is a necessary sacrifice. On the bright side, you can make things work without having to undertake a really severe austerity programme.

Not long ago, homebuyers had very limited options when it came to mortgage, because banks and credit unions were generally the only institutions that offered them. Today, however, different types of home-financing providers have become available. Unfortunately, with greater options comes greater risks, and if you don't choose with care, you can easily fall victim to unscrupulous lenders. Here are some tips you can use to find the right provider for you to work with:

Check credentials

Only work with mortgage companies that are regulated by the Financial Services Authority and entered on the FSA register. Check with the agency to see if the lender you’re looking at is in good professional standing.

First-time homeowners have a variety of options– from renting a home, to buying a listed home, to building a new one. When you have the financial capabilities, you would find that building your home offers a myriad of benefits. Here are the three main advantages of building a home: