3.7.1 Purchase of Land

A subsidised loan is not available to purchase land solely.  However, where a client genuinely intends to proceed with the building of a home within a reasonable time and construction is to be completed within five years of settlement, a Certificate of Entitlement should not be refused merely because the advance will be applied initially to the purchase of the land only.  The decision should be based on consideration of both the intended purpose and the intention to occupy.  [Please also see Entitlement GO 3.7.6.]