Help to buy, newbuild dilema

dangermouse1977

Hi everyone

We hav. Found our dream home with Martin Grant Developers which is a 3 bed semi. As soon as we saw it advertised and realised we could do help to buy to purchase the new build, we rushed down to the sales office intending to pay the £;500 and reserve the property. (New builds are being snapped up so quick in my area and if you hang around, you lose out basically)

We got down to the sales office all excited to see it was still availible, however the sales lady advised us that as the property would not be ready until winter/Jan & we are now only in Feb, that we wouldn't be able to reserve it as it's out of the 6 month time window for help to buy

We are absolutely gutted and just want to find away around this if we can. How can they advertise it (and others) as help to buy if it's impossible for us to do that to purchase the property?

I have emailed head office just to see if there is anything we can do to get around this, but just wanted to check here first to see if anyone else had had this prob when using help to buy? Is there a way around it?

Martin Grant have a policy of exchange of contracts that has to be done within a 28 day period. From exchange of contracts we would need the house ready within 6 months... I'm really hoping they will make an acception to the rules and let us have tho s property, considering they are falsely advertising it as just that.

Any help would be appreciated.

Many thanks in advance

dangermouse1977

Sorry for typo's! I blame my phone!!

arbrighton

I'm pretty sure the advertising will say 'selected plots' or 'terms and conditions apply'

And pretty much every housebuilder has 28 day exchange policy.

It is not their rules re 6 months to completion, their hands will be tied

chris198232

cannot see why they wont let you reserve the property? if its being advertised and has a price then unless its a cash buyer nobody will get a mortgage that far in advance, normally mortgages run out after 6 months!

AdrianC

chris198232 wrote: »

cannot see why they wont let you reserve the property?

Six months before expected completion could easily be July/August. In case you'd not noticed, there's a General Election in May. Will HtB still be about in July/August? If not, can the OP purchase the place without HtB?

arbrighton

AdrianC wrote: »

Six months before expected completion could easily be July/August. In case you'd not noticed, there's a General Election in May. Will HtB still be about in July/August? If not, can the OP purchase the place without HtB?

Very good point

dangermouse1977

Yes a good point I hadn't even thought of ��
We need help to buy yes.

dangermouse1977

Also cannot see anything in small print on the advert right moveobscene listed for this property about help to buy being only avaible on certain plots.