How we help in Tasmania
Whether you are in Hobart or regional TAS, our separation finance service works entirely online. We help with:
- Refinancing to sole name - removing your ex from the mortgage and taking over the loan independently
- Partner buyouts - calculating equity splits and structuring the buyout finance
- Fresh start lending - getting a new home loan after your property settlement
- Consent order timing - coordinating with your lawyer to align the finance and legal timelines
- Stamp duty exemptions - ensuring you do not pay unnecessary duty on separation transfers
Tasmania's $30,000 FHOG with no price cap is the best deal in Australia for separated people building a new home. The state's more affordable property market also means sole-income refinancing is more achievable. Tasmania also uniquely exempts motor vehicle transfers during separation from duty.
Stamp duty exemption in Tasmania
Duties Act 2001 (Tas)
Full exemption from duty for property transfers following relationship breakdown. Covers transfers under the Family Law Act, Binding Financial Agreements, and also the Relationships Act 2003 (Tas) for registered relationships. Uniquely, Tasmania also exempts motor vehicle transfers in separation.
Without formal Consent Orders or a BFA, there is no stamp duty exemption. An informal agreement between you and your ex does not qualify. The stamp duty savings alone can be tens of thousands of dollars, which is one of the strongest reasons to formalise your property settlement.
First Home Owner Grant in Tasmania
$30,000 for new homes with no price cap
Tasmania offers the most generous FHOG in Australia: $30,000 with no price cap on the property value. This makes it exceptionally attractive for separated people looking to build or buy a new home.
If you previously owned a home with your ex, you may still qualify for the FHOG when buying a new home after separation. The key question is whether you personally lived in a property you owned. We can help you assess your eligibility.
Family Court in Tasmania
Federal Circuit and Family Court of Australia (FCFCOA)
Tasmanian family law matters are handled by the FCFCOA registry in Hobart.
Time limits: Married couples have 12 months from the date of divorce to commence property settlement proceedings. De facto couples have 2 years from the date of separation. If you miss these deadlines, you may lose your right to claim.
How lenders assess separation borrowers in TAS
When you apply for a home loan after separation, lenders consider:
- Single income serviceability - can you afford the repayments on your income alone?
- Child support received - many lenders accept 80-100% of child support as supplementary income (must be CSA-assessed)
- Child support paid - treated as a fixed expense, reducing your borrowing capacity
- Centrelink payments - Family Tax Benefit and Parenting Payment are accepted by most lenders
- Property valuation - the current value determines your equity position and LVR
- Legal costs - outstanding legal fees may affect your borrowing capacity
Support services in Tasmania
Legal aid
Tasmania Legal Aid - 1300 366 611
Crisis support
Family Violence Response and Referral Line - 1800 633 937 (24/7)
Family Relationship Advice Line
1800 050 321 (Mon-Fri 8am-8pm, Sat 10am-4pm)
National Debt Helpline
1800 007 007 (free financial counselling)
1800RESPECT
1800 737 732 (24/7 DV and sexual assault counselling)
Other states
We help clients across all of Australia. See our state-specific guides: