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Burdekin Community Association Inc. APPLICANT SUMMARY POSITION APPLIED FOR: ___ SURNAME: ___ FIRST NAME: ___ RESIDENTIAL ADDRESS:___ ___POSTCODE:___TELEPHONE CONTACT NO: ___ (H)___(W) POSTAL ADDRESS:___
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New supply shared equity is a housing scheme designed to help individuals and families access home ownership by allowing them to purchase a share in a property, while the remaining share is retained by a housing provider or government agency.
First-time buyers and eligible applicants participating in the shared equity scheme are required to file new supply shared equity applications.
To fill out new supply shared equity, applicants must complete the designated application form, provide necessary documentation regarding income, savings, and personal details, and submit it to the relevant housing authority or provider.
The purpose of new supply shared equity is to make home ownership more accessible to low and moderate-income individuals by reducing the financial burden of purchasing a home through shared ownership.
Information that must be reported includes personal identification details, financial information such as income and savings, property details, and any relevant supporting documents demonstrating eligibility for the scheme.
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