Comment on Andy Burnham announces new homes scheme for first-time buyers
Squizzy@lemmy.world 1 day ago
I cant speak to UK issues though I imagine they are similar to Ireland. The issue with tying them to new builds and not to a standard is that it always has to go to the builders and not the people. I have a new build and I want to sell it, but those buying it cant avail of this offering because it is not the first time the house has been owned. Its nonsense.
ladel@feddit.uk 1 day ago
The headline’s ambiguous, but it’s a new scheme to help first-time-buyers buy homes rather than new builds.
Blackmist@feddit.uk 1 day ago
No, it is specifically for new builds, apparently.
Not really clear why. The scheme involves the government lending some of the money, so I guess they’ve got some comeback if the house collapses before it’s paid off or something.
ladel@feddit.uk 1 day ago
Oh, my bad. It’s not like that many new builds actually get built, so it seems really limited use.