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Help to Buy - 5% Deposit, 20% Goverment Deposit, 75% Mortgage.
#12
Help to buy? Sod that, way too risky imo, ironic considering the govt has spent the last ten years preaching about fiscal responsibility. It'll work fine if you and your partner are earning over 40k for the next five years and in good saving habits, and your house value rises, and the mortgage rates stay low, and the market doesn't crash leaving you unable to remortgage when the govt calls in it's 20%, etc, etc, etc...

Pikey life ftw...
306 HDi Deathtrap - 130bhp / 220lbft
...UPGRADING...



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Thanks given by: silverzx


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RE: Help to Buy - 5% Deposit, 20% Goverment Deposit, 75% Mortgage. - by Poodle - 11-02-2015, 01:23 PM

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