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Help To Buy as deposit

  • 04-04-2022 4:26pm
    #1
    erikocon
    Users Awaiting Email Confirmation Posts: 1 ✭


    Hi,

    my understanding of qualifying for the HTB scheme was the funds/tax rebate given could be used as part of your 10% deposit. I’m attempting to buy a home (I have mortgage approval) but the property management have said the HTB can be only be used to take from the full value of the new home.

    example : 300k home, 30k HTB, purchase of the house is now 270k. Deposit is 27k

    is this standard practice or isolated to the property company or building contractors ?

    Post edited by Spear on
    Tagged:


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