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New Build and FTB
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drivingtodebtfree
Posts: 4 Newbie
Hey everyone!
Thanks in advance for any help.
Me and my partner have early bird reserved a new build home.
The plot is available for deposit boost (myself and my partner will give 10% and the developer will contribute 5%)
Exchange is estimated to be end of May and I know at this point 10% of the house value is due. Completion is not likely to be until December.
How does it work with deposit boost? I'm guessing we'd give our 10% at exchange and the developer will give the additional 5% at completion?
Many thanks
Thanks in advance for any help.
Me and my partner have early bird reserved a new build home.
The plot is available for deposit boost (myself and my partner will give 10% and the developer will contribute 5%)
Exchange is estimated to be end of May and I know at this point 10% of the house value is due. Completion is not likely to be until December.
How does it work with deposit boost? I'm guessing we'd give our 10% at exchange and the developer will give the additional 5% at completion?
Many thanks
0
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