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HTB Equity & Incentives

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Hello,

My wife and I have found a developement and possibly a plot that we are interested in. Before we go see the sales advisor I was hoping to get some advice.

Is it possible to obtain a discount on price with HTB Equity and also it it possible to obtain incentives such as stamp duty paid, legal fees etc on the HTB equity scheme?

Also anyone have any recent experience of buying a new build from Charles Church or anyone in general in regards to getting discounts incentives?

Any comments would be appreciated.

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Builder cash incentives are allowed under HTB Equity Loan.

    Some lenders limit incentives to a lower level, but the maximum possible is 5%.

    A discount, being a reduction in the price, is not an incentive. You are simply paying less for the property.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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