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Bt9 House Available At First Fix Stage

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I have seen this 2500 Sq Ft property is / was on with UPS @ 595K


now on with BTW Cairns @ 375K

"•Property Is Partially Contstructed And Represents An Excellent Opportunity For Cash Buyers"

"The property has been completed to first fix stage"

looks like a failed development project

no funds to complete perhaps

is it unmortgageable because its in an unfinished state ?

or because its a new build that you wouldnt be able to get the 10 year new build guarantee that all new builds must have ?

lastly , anyone offer a guesstimate on competion costs ?

Edited by getdoon_weebobby
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Personally, I wouldn't touch it. Unless you are in the building game yourself, or you have some good contacts. Many builders wouldnt take on this project as they would have to stand over the work already done. Mortgage finance shouldn't be a problem if you go to a local high street bank. I know Northern and BOI would lend against this. I recently got approved for a mortgage on a builder finish house from Northern. Nationwide BS wouldn't touch if didnt't have a kitchen and bathroom. They would class it as selfbuild, which they no longer offer.

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