Sunday, July 23, 2006
Barratts, the first time buyers friend….
Once again we find a builder offering the much criticised 'gifted deposits' in a different guise. Fact - most new builds are significantly over-priced and if there is to be a price correction historically the new build gets hit first and hardest. This should not escape the first time buyer. You could be left holding a property worth less than you paid for it and having received parental assistance the plight will be much worse if you witness your 'together' deposit simply evaporate in terms of value.