❓ A WA parliamentary question seeks data on the First Start Shared Equity Scheme, including application numbers, rejection rates, and reasons for unsuccessful applications. The answer provides specific figures and common reasons for rejection.
AnsweredQoN 1329Legislative Assembly
QuestionView source ↗
I refer to the State Government’s First Start Shared Equity Scheme:
(a) how many First Start Shared Equity Scheme applications were received from 23 September 2008;
(b) how many of these applicants were unsuccessful; and
(c) what were the reasons for their lack of success?
(a) how many First Start Shared Equity Scheme applications were received from 23 September 2008;
(b) how many of these applicants were unsuccessful; and
(c) what were the reasons for their lack of success?
AnswerView source ↗
Answered
15 September 2009
Responded by
Minister for Housing and Works
Response time
34 days
(a) 1,110 applications were received from 23 September 2008 to 31 July 2009.
(b) 96 were declined.
(c) The majority were declined for the following reasons: those having a debt ratio greater than 7% of income; not meeting the income eligibility criteria; and/or an applicant having an adverse credit history.
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(b) 96 were declined.
(c) The majority were declined for the following reasons: those having a debt ratio greater than 7% of income; not meeting the income eligibility criteria; and/or an applicant having an adverse credit history.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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