Can somebody please help as my solicitor does not have a clue :(
Where does the bonus money actually go? I though it was towards the deposit but it seems this is wrong.
It appears it goes towards the completion but does this mean its offset against your mortgage payments? Or does it literally go towards the house's sale and you don't actually see it. If this is the case then I don't really see how this is helping first time buyers at all and I don't really see the point.
We (stupidly) thought it was money we would actually see to help us towards the initial cost. Unfortunately I've got the feeling it's going to leave us very tight.
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8 replies
scaredofthecity · 28/07/2016 10:30
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