bogartsqueen48
New Member
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Me and my partner are in the process of a mortgage application. We have been pre-approved and have a deposit on a new build. We have been granted the full amount of the HTB so it’s a new build we are looking at. While the new build is not in our desired location we had decided to go for it as there is not that many new builds around and we’re not getting any younger (both 43)
Now my partner has seen that there is another phase to be built in a more desirable location in 2023 and thinks we should hang on until then. I am worried that these new builds may not go ahead or not get completed due to the current cost of materials etc and the pending recession that seems to be looming. Also I don’t think the HTB scheme will still be available next year.
Any advise much appreciated
Thanks
Now my partner has seen that there is another phase to be built in a more desirable location in 2023 and thinks we should hang on until then. I am worried that these new builds may not go ahead or not get completed due to the current cost of materials etc and the pending recession that seems to be looming. Also I don’t think the HTB scheme will still be available next year.
Any advise much appreciated
Thanks