Newbury scheme

mjgreen60

Hi there

I've been looking at this scheme which I believe is due to be released soon. From all the literature it looks like the maximum house price will be 500k but I've spoken to a sales rep at a Taylor Wimpey development who said 200k was their maximum.!

I realise all the details haven't yet been released but I wondered if anyone knew if the criteria/details are likely to be variable between developers and developments?

Many thanks

mj

mjgreen60

Should read Newbuy not Newbury!!

VortexSteve

There are very few details, but the Sales Exec is wrong. It is definitely up to £500k.

brit1234

You might be getting confused with the site and the scheme. It can be plausible that the developer with a Firstbuy properties can have a value of £200k there only on one site, on another site it might be £350k or even £500k. The government scheme allows up to £500k but it is up to the developer which class/size of properties which it classes as Firstbuy and would most likely be the cheaper ones.

What is certain is that it is a complete waste of tax payers money and dangerous to the buyer.