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Cash buyers only property because its a First time buyer restriction?
nottingham13
Posts: 128 Forumite
Hi
There is a property in the paper today and it is going to go for auction because its a first time buyer property and according to the estate agent no one can get a mortagage on it because it has a 1st time buyer restriction on it.
It was on the market for 170K and kept on having offers accepted on it and then kept on re-appearing in the paper and the price kept on fallling.
Does this sound right?
There is a property in the paper today and it is going to go for auction because its a first time buyer property and according to the estate agent no one can get a mortagage on it because it has a 1st time buyer restriction on it.
It was on the market for 170K and kept on having offers accepted on it and then kept on re-appearing in the paper and the price kept on fallling.
Does this sound right?
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