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Homebuy Direct - First Time Buyer scheme

mikeyq_2
mikeyq_2 Posts: 1 Newbie
in House buying, renting & selling
Im a first time buyer and have seen the Government scheme Homebuy Direct. Has anyone used this scheme? Do house builders inflate the cost of the homes they are selling to make up the amount they invest? Im a little skeptical - it all seems a little too good to be true.

Thanks

Mike

Comments

  • tb1105
    tb1105 Posts: 124 Forumite
    I have a post running on my current buying process, my husband and I are going through Homebuy :)
  • bristolgymdude
    bristolgymdude Posts: 34 Forumite
    I believe the scheme does provide an opportunity for fits ttime buyers to get their feet on the property ladder. However, thats ok if you want what they offer. I at the time could only afford a 2 bed flat, trouble is I have a dog and considering the prices offered they did not even have a garden. I would advise to ensure that it meets your needs and it is somewhere your are happy to stay for some time.
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