I cant speak to UK issues though I imagine they are similar to Ireland. The issue with tying them to new builds and not to a standard is that it always has to go to the builders and not the people. I have a new build and I want to sell it, but those buying it cant avail of this offering because it is not the first time the house has been owned. Its nonsense.
No, it is specifically for new builds, apparently.
Not really clear why. The scheme involves the government lending some of the money, so I guess they’ve got some comeback if the house collapses before it’s paid off or something.
I cant speak to UK issues though I imagine they are similar to Ireland. The issue with tying them to new builds and not to a standard is that it always has to go to the builders and not the people. I have a new build and I want to sell it, but those buying it cant avail of this offering because it is not the first time the house has been owned. Its nonsense.
The headline’s ambiguous, but it’s a new scheme to help first-time-buyers buy homes rather than new builds.NvmNo, it is specifically for new builds, apparently.
Not really clear why. The scheme involves the government lending some of the money, so I guess they’ve got some comeback if the house collapses before it’s paid off or something.
Oh, my bad. It’s not like that many new builds actually get built, so it seems really limited use.