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Help to Buy not for second homes
dumpallhere
Posts: 272 Forumite
Help to Buy not for second homes, says George Osborne
Properties of up to £600,000 will come under the plans, although foreign buyers with no history of property owning in the UK, buyers of second homes and buy-to-let landlords will be excluded, Mr Osborne confirmed ahead of the meeting.
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Excellent.0
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Good.
(filler):heartpuls Mrs Marleyboy :heartpuls
MSE: many of the benefits of a helpful family, without disadvantages like having to compete for the tv remote
Proud Parents to an Aut-some son 0 -
I'm sure that made clear when they announced the scheme back in April. Don't think this is a new announcement just clarification.:j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)0
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That is actually a great news.. Monoprice Coupon Code0
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Wow, so sensible!0
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What if somebody is trading up - will they have to sell the old one first?0
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I think Manathome may mean can they use the scheme to buy the next property before they sell the current one.
IE. home one is for sale, but not yet under contract before home two is purchased.0 -
Why doesn't Osborne just do the decent thing, admit he really messed up and just scrap the whole ridculous Help to Buy scheme.
Nobody supports it except desperate housebuilders and estate agents who have their snouts well and truly in the subsidy trough plus a handful of First Time Buyers who are destined to become future sub prime casualties once the BOE wise up and jack up interest rates. :rotfl::rotfl::rotfl::rotfl:0 -
...Wish they would offer this on non new builds0
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