In September there is a new first-time buyer programme. Is it any good?

In September there is a new first-time buyer programme. Is it any good?

Owner Asked on June 19, 2019 in Real Estate.
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Depends on where you sit on government handouts days before an election. Essentially our government will give first time buyers 5% on used and 10% on new home purchases (or more) up front and claws it (and more) back when you sell at a profit. (Yes, it will take a share of any profit.) However, it will also – percentage-wise – participate in any losses of its share. Details are just emerging … will talk more after I see them.

Guru Answered on June 19, 2019.
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