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Getting ready to buy my first house and while is like to buy a new build to make use

wherearewe45 · 2021-03-21 15:04:42

This is probably a very stupid question but I just want to make sure I have it right in my head: you are allowed draw down a larger mortgage if you buy a new build. However, if, even with the best of intentions I end up buying a house that's not a new build, I assume the mortgage I am allowed automatically drops to remove…

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21-03-2021 4:04pm

#1

wherearewe45

Registered Users Posts: 204 ✭✭

Join Date: August 2015

Posts: 105

This is probably a very stupid question but I just want to make sure I have it right in my head: you are allowed draw down a larger mortgage if you buy a new build. However, if, even with the best of intentions I end up buying a house that's not a new build, I assume the mortgage I am allowed automatically drops to remove the HTB incentive?

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