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Buying new build house - developer in Leicester
Jonny501
Posts: 2 Newbie
Hi
I am buying a new build on help to buy. The developer gave me the purchase price and then the lower help to buy price.
However on the details to the solicitor the 'reservation purchase price' is approx £50k higher. Whats the purpose of this?
I will be querying it with my solicitor , can't find anything online, it may be a typo , but im also new to buying a new build.
Any advice appreciated.
I am buying a new build on help to buy. The developer gave me the purchase price and then the lower help to buy price.
However on the details to the solicitor the 'reservation purchase price' is approx £50k higher. Whats the purpose of this?
I will be querying it with my solicitor , can't find anything online, it may be a typo , but im also new to buying a new build.
Any advice appreciated.
0
Comments
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£50k higher than what?
The purchase price, the purchase price with HTB or some other price?0 -
The prices should all be the same, surely? The help to buy is just a 20% loan, it doesn't change the cost of the house....0
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Ask the developer, and make sure you understand and agree with their answer. Check this with your solicitor if you're not sure.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
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