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5% deposit before or after?
Cupid873
Posts: 1 Newbie
Stupid question most probably but is the 5% before or after the reduction on new builds?
Just used a website that's interested me with houses they build and they've done the 5% before so it's alot more than I have saved and thought I'd have to save.
Can certain companies do this if so or is this generally the figure before the reduction.
Just used a website that's interested me with houses they build and they've done the 5% before so it's alot more than I have saved and thought I'd have to save.
Can certain companies do this if so or is this generally the figure before the reduction.
0
Comments
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You probably need to clarify the question as it's not clear to me.
What do you mean reductions? If you mean as an example - they are offering a £10k price reduction then the 5% you pay should be net of the £10k.
If it's a 10k deposit contribution, the % of your deposit will be based on the gross price.0
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