AUSTRALIA. I am planning on moving interstate, I have a mortgage and plan to rent out my home,?

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AUSTRALIA. I am planning on moving interstate, I have a mortgage and plan to rent out my home,?

to just cover the mortgage repayments, will i be eligble for rent assistance as I will be renting a different house?

2007-03-16 22:13:15 · 2 answers · asked by tinytazzie25 2 in Business & Finance ➔ Renting & Real Estate

2 answers

I doubt it as rent assistance is based on income and assests. As you will be receiving an income as rent, you will most probably not qualify. If the amount is small, you may be eligible for a reduced rate of assistance. You should go on the centrelink site as that will tell you cut off rates etc.

2007-03-16 22:17:14 · answer #1 · answered by votehowardout 4 · 0⤊ 0⤋

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2007-03-17 05:48:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋