Nice work Jaffasoft. Can you please make just one small cosmetic change though – correct the spelling of morgage to mortgage. Also, within this forum, can somebody please explain the meaning of the line in step one “price range we can afford”. Sorry if this is a silly question.

I have also asked this question on the forum on a couple of occasions. From the advice I was given and the research I have done myself, I will explain what I think using the following example. Let’s say my history is that I am single or in a relationship and neither myself or my partner has bought any property prior to july 2000. If I purchase a IP in Jan 2004 and then make it my PPOR prior to Dec 31 2004 then I am still eligible for the FHOG – only – if I make this IP my PPOR and not purchase another property for the purpose of becoming my PPOR – I will not be eligible if I try to claim the FHOG for the second property. Why? – Whether it is an IP or not, your first purchase is still classed as your first property and is the one that is tested for your eligibility of the FHOG. And if I purchase the second property without applying for the FHOG then I will lose the ability to apply forever. That is how I understand it anyway.

On a closely related subject, what about the situation where you purchase an investment property and it then becomes your PPOR before the end of the first 12 months, is it possible to still be eligible for the FHOG?