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Corsa Sport » Message Board » Off Day » House Day » HomeBuy Direct scheme » Post Reply
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Cavey |
posted on 1st Mar 10 at 21:01 |
personally i think it is a pretty good deal. | |
Conway563 |
posted on 1st Mar 10 at 15:10 |
We're currently looking in to this after looking at a couple of places last week, I'm expecting a phone call to discuss it this week | |
Cavey |
posted on 1st Mar 10 at 14:31 |
We've just got a house on the homebuy scheme, I agree with Andy really, but it was the only way we could get the house we wanted at the moment. | |
AlunJ |
posted on 26th Feb 10 at 18:57 |
aye it's not brilliant, got me on the ladder though and I intend to sell after 5 years tbh | |
AndyKent |
posted on 26th Feb 10 at 13:45 |
Sounds like as much of a rip off as any other scheme. | |
AlunJ |
posted on 25th Feb 10 at 22:39 |
homebuy isn't available where I am, but bovis did a scheme pretty much the same, I put 5% deposit down, mortgage for 75% and the remainder is retained by the builder. After 5 years, I have the option of buying the builders share through remortgaging - if I haven't done so after 10years I have to sell it. | |
Paul_JC |
posted on 25th Feb 10 at 14:56 |
Oh and its deposit of around 4% | |
Paul_JC |
posted on 25th Feb 10 at 14:54 |
Two guys at my work deal with the homebuy direct everyday, would recomend ringing them to talk about it if you dont live to far away from northamptonshire. | |
Daniel_Corsa |
posted on 23rd Feb 10 at 20:56 |
You pay a deposit, then get a mortgage, and then the home builder and goverment loan you the remainder for a fixed period say 5 -10yrs. | |
Ste |
posted on 23rd Feb 10 at 00:52 |
chloe16v |
posted on 22nd Feb 10 at 22:27 |
how does this homebuy scheme work? it says its an equity loan, does that mean the money from the equity loan will be used as your deposit on the house you are wanting to buy? can someone please give me any info on it please |