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Malthus

Builder Offers Incentive On 2nd Hand House

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http://www.propertynews.com/brochure.php?r...=1&sort=h2l

DINGLES - HELPING YOU MOVE!!!!
  • 'FIRST START' - TO HELP YOU BUY YOUR HOME
  • NO DEPOSIT
  • OWN 100%
  • NO RENT it's your home 100%
  • PAY 75% of the asking price
  • 10 YEARS to repay the remaining 25%
  • NO INTEREST to pay on the remaining 25%

The catch is this house is at least 5 years old.

Any ideas whats going on ?

Also in general imo these sort of deals will help keep the legal profession in business for many years to come ;)

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Desperation by the developer. houses like that are currently selling for £125k with confidentiality agreements about price!!! Why don't the just reduce the price an affordable level without the deferred payment? minimum price guarantee maybe?

WJ Law are doing similar with their developments. overpriced but buy now pay rest later then it's a bargain :blink:

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