Homebuying question.

[Justayellowbadge]

So, the gumment will give you a 'free' loan of 30% of property if a FTB on <60K.

Does that mean you could move here without a mortgage?

Makes the rent seem bloody cheap...


http://www.rightmove.co.uk/viewdetails-22181648.rs...

[jas xjr]

how can they check out if you are a first time buyer?

[wainy]

jas xjr said:

how can they check out if you are a first time buyer?

Not sure if they can to be honest but could then not do a credit check and reference that against Mortgages?

[Justayellowbadge]

Anyone see a problem with the initial question?

[jas xjr]

credit check would be ok ,mortgage not in my name

[scotal]

Justayellowbadge said:

Anyone see a problem with the initial question?

I suspect they will not allow a cross of the new initiative and the shared ownership scheme...