Help to by ending early?

Help to by ending early?

Author
Discussion

350zStee

Original Poster:

354 posts

172 months

Friday 4th July 2014
quotequote all
Good afternoon fellow PH'ers.

My girlfriend and I are looking to get on to the property market, and it would be a great help to use the HTB scheme. We have seen two houses that are not due to be built until December that we are interested in.

We have contacted our mortgage advisor, who has just sent the following in his latest email -

'A HEADS UP THOUGH – We’ve had confirmation today that Help to Buy only have £22 million left in funding, which will last around 10 days, so best to act quickly if the purchase feels right for you.'

Has anyone else heard of this? Or is he trying to rush us into committing?

I have searched news sites, Google etc with no articles regarding this.

Many thanks,
Stephen

350zStee

Original Poster:

354 posts

172 months

Wednesday 16th July 2014
quotequote all
I went for the house, and my mortgage was approved yesterday, as was my HTB.

The issue is I have still to sign my missives...here's hoping things are still going ahead.

Edited by 350zStee on Wednesday 16th July 23:34