Scenario is my max mortgage 212,000 new build house is 360,00 I have 120k in savings. 212,000 +120,000=332k and use the help to buy to make up the difference.
But just reading I can see your mortgage needs to be at least 70% of the value of the house is this right, even though I’ve maximised my borrowing amount saved like mad for years I can’t avail of the htb, is there any other options or work around for this. I saw the other first home scheme but not sure how that works with savings and also don’t like the fact it increases as the house value increases.
Just seems unfair trying to do everything right and every time I think I’m there I’m still short. Feels like I’m 6 months behind every time.
But just reading I can see your mortgage needs to be at least 70% of the value of the house is this right, even though I’ve maximised my borrowing amount saved like mad for years I can’t avail of the htb, is there any other options or work around for this. I saw the other first home scheme but not sure how that works with savings and also don’t like the fact it increases as the house value increases.
Just seems unfair trying to do everything right and every time I think I’m there I’m still short. Feels like I’m 6 months behind every time.