F
FiaRua
Guest
Hi
As a first time buyer I was expecting to only have to save 8% of the total value of the house and decided to buy off plans to buy some much needed time to pay for extra's, furniture etc
One particular development in Co Cork attracted me and I decided to take a leap and go for a house worth 320k
until i saw that the deposit is 5k with 15% (less the 5k) to be paid on contract
Isnt that stage one of the old stage payments system which I thought was abolished
Or is this typical?...I dont feel like financing 48k for 12 to 18 months until the house is ready
As a first time buyer I was expecting to only have to save 8% of the total value of the house and decided to buy off plans to buy some much needed time to pay for extra's, furniture etc
One particular development in Co Cork attracted me and I decided to take a leap and go for a house worth 320k
until i saw that the deposit is 5k with 15% (less the 5k) to be paid on contract
Isnt that stage one of the old stage payments system which I thought was abolished
Or is this typical?...I dont feel like financing 48k for 12 to 18 months until the house is ready