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New build and deposit

(5 Posts)
Mum2Fergus Fri 12-Oct-12 15:44:11

Ive seen a new build property in an area that would normally be out of my reach, but it being new build there is a 5% deposit offer available. The developers say work will start this month with the first release available in Spring 2013. If I pay reservation as soon as released, possibly off plan, when will I be due to pay my 5% deposit?

sparkle9 Fri 12-Oct-12 19:31:21

Message withdrawn at poster's request.

Mum2Fergus Fri 12-Oct-12 20:08:47

Really? As quick as that?! Hmm, need to get my thinking (and saving!) hat on!!

sparkle9 Fri 12-Oct-12 21:16:37

Message withdrawn at poster's request.

Mum2Fergus Fri 12-Oct-12 21:53:48

Thanks again, Ive budgeted fees/extras separately...and I qualify for a staff mortgage which tracks nase rate with a bank that will support the 95% scheme. Even still, it feels like walking into a minefield lol

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