{"id":20594,"date":"2015-04-16T13:00:09","date_gmt":"2015-04-16T06:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-needed-to-understand-help-to-buy-schemes\/"},"modified":"2016-07-23T12:03:08","modified_gmt":"2016-07-23T05:03:08","slug":"help-needed-to-understand-help-to-buy-schemes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-needed-to-understand-help-to-buy-schemes\/","title":{"rendered":"Help needed to understand help-to-buy schemes"},"content":{"rendered":"


\nI want to purchase a property but am confused about how help-to-buy worksQ I have \u00a315,000 in savings that I have had for a while in an Isa and I\u2019m currently renting a flat for which myself and my partner pay \u00a3900 a month. I have been trying to save up for a deposit for a house and can\u2019t seem to raise anymore than the \u00a315,000 I have saved. I have looked into help-to-buy schemes and they seem like a good option but I\u2019m confused about what happens after the fifth year and also what happens when I sell. For example, if I buy a house for \u00a3300,000 with a cash deposit of \u00a315,000, how much will I be repaying in years one to five and how much from year seven onwards. Furthermore how much will I need to give back when I sell the house? Continue reading…
\n
\nSource : theguardian.com
\nRead more…Help needed to understand help-to-buy schemes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I want to purchase a property but am confused about how help-to-buy worksQ I have...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20594","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5ma","jetpack-related-posts":[{"id":3003,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-calculator-whats-the-minimum-deposit-you-need\/","url_meta":{"origin":20594,"position":0},"title":"Help to Buy calculator: what's the minimum deposit you need?","date":"January 29, 2016","format":false,"excerpt":"\r There are now multiple Help to Buy schemes available to home buyers - this tells you precisely how much you need to save\r \r Source : telegraph.co.uk\r Read more...Help to Buy calculator: what's the minimum deposit you need?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-or-shared-ownership-which-is-best-for-homebuyers-in-england\/","url_meta":{"origin":20594,"position":1},"title":"Help to buy or shared ownership: which is best for homebuyers in England?","date":"September 12, 2022","format":false,"excerpt":"\r The government schemes have pros and cons, and one closes to new applicants soonShared ownership is one of the government assistance schemes for those priced out of the open market. The other main one is help to buy. But if you are interested in the latter, get your skates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barratt-buoyed-by-housing-schemes-for-first-time-buyers\/","url_meta":{"origin":20594,"position":2},"title":"Barratt buoyed by housing schemes for first-time buyers","date":"January 13, 2016","format":false,"excerpt":"\r Britain\u2019s biggest housebuilder reports confident outlook thanks to government-backed schemes such as help to buyGovernment initiatives to help first-time buyers such as the extension of help to buy and the starter homes scheme are fuelling optimism at Barratt Developments, Britain\u2019s biggest housebuilder, and smaller rival Galliford Try.Barratt built and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smart-people-will-buy-smart-schemes-even-if-market-is-flat-says-top-uae-developer\/","url_meta":{"origin":20594,"position":3},"title":"'Smart people will buy smart schemes, even if market is flat', says top UAE developer","date":"February 3, 2016","format":false,"excerpt":"\r Meydan CEO says standalone projects will always be in demand, but admits District One masterplan was revised in line with market conditions\r \r Source : arabianbusiness.com\r Read more...'Smart people will buy smart schemes, even if market is flat', says top UAE developer","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/paradise-papers-reveal-schemes-used-to-avoid-tax-on-uk-property-deals\/","url_meta":{"origin":20594,"position":4},"title":"Paradise Papers reveal schemes used to avoid tax on UK property deals","date":"November 8, 2017","format":false,"excerpt":"\r Leaked advice shows how private equity firm was able to buy and sell without paying stamp duty or capital gains taxThe lengths to which companies will go to avoid paying substantial amounts of UK tax are laid bare in the Paradise Papers, which reveal in detail for the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-the-difference-among-hong-kongs-subsidised-housing-schemes-and-who-can-buy\/","url_meta":{"origin":20594,"position":5},"title":"What\u2019s the difference among Hong Kong\u2019s subsidised housing schemes, and who can buy?","date":"May 10, 2019","format":false,"excerpt":"\r Who can buy under the Home Ownership Scheme?Public housing tenants can buy either new or used flats under the scheme without paying a premium to the Housing Authority if they surrender the public housing flats they are renting.Hong Kong families with a maximum gross monthly income of HK$60,000 (US$7,600)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20594"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20594"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}