Hickinbotham doubles first home buyer boost to $20,000 in SA

South Australians desperately trying to break in the housing market now have another 10,000 reasons to smile, with one builder teaming up with a major lender to double its existing contribution to fast-track home ownership. Thanks to a partnership between the state’s largest home builder and land developer Hickinbotham Group and the Government-backed lender HomeStart, SA’s first home buyers can now access $20,000 to help them climb start climbing the property ladder through a low-deposit loan. In an industry first, the builder has doubled its support of the 2 per cent deposit construction home loan option available through the SA Government-backed lender HomeStart, contributing $20,000 instead of its original $10,000 to assist in lowering upfront costs or managing construction-phase expenses for eligible applicants. The Hickinbotham Group’s Michael Hickinbotham. Supplied Hickinbotham Group managing director Michael Hickinbotham said there was nothing more satisfying for his team than handing over the keys to a family’s first home. “Hickinbotham has always believed in the power of home ownership to help people create stability and security for their families. It is why we’ve partner...