{"id":89993,"date":"2018-05-31T13:00:15","date_gmt":"2018-05-31T06:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-seems-to-have-put-a-block-on-my-flat-purchase\/"},"modified":"2018-05-31T13:03:33","modified_gmt":"2018-05-31T06:03:33","slug":"help-to-buy-seems-to-have-put-a-block-on-my-flat-purchase","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-seems-to-have-put-a-block-on-my-flat-purchase\/","title":{"rendered":"Help-to-buy seems to have put a block on my flat purchase"},"content":{"rendered":"


\nDevelopers decided to sell \u2018over-priced\u2019 properties to investors rather than individualsI decided to buy a one-bedroom flat in Grafton Quarter, a new development in Croydon. The asking price was \u00a3327,500. I secured funding from the help-to-buy scheme and paid the \u00a3500 reservation fee back in December. However, the mortgage valuation was \u00a3290,000, leaving a large shortfall, so I had to apply to a different lender hoping to get the right valuation. This I managed to do. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Help-to-buy seems to have put a block on my flat purchase<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developers decided to sell \u2018over-priced\u2019 properties to investors rather than individualsI decided to buy a...<\/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-89993","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-npv","jetpack-related-posts":[{"id":138210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-has-trapped-me-in-an-unsellable-cladded-flat\/","url_meta":{"origin":89993,"position":0},"title":"Help to buy has trapped me in an unsellable cladded flat","date":"July 5, 2023","format":false,"excerpt":"\r My block failed a fire safety inspection after Grenfell, but the scheme won\u2019t allow me to buy a second propertyI own a flat in a cladded block which failed its fire safety inspection and is now unsellable. I bought it in 2017 with a \u00a3180,000 help-to-buy loan when I\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-pay-a-fair-price-for-the-loft-space-above-our-flat\/","url_meta":{"origin":89993,"position":1},"title":"How can I pay a fair price for the loft space above our flat?","date":"September 3, 2018","format":false,"excerpt":"\r The freeholder has rejected a surveyor\u2019s valuation and seems to be taking advantage of us Q My husband and I jointly own a one-bedroom flat in Greater London on a long lease. There is a loft space above the flat, which is only accessible from our flat but isn\u2019t\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-rules-on-cpf-usage-how-will-this-affect-homebuyers\/","url_meta":{"origin":89993,"position":2},"title":"New Rules On CPF Usage \u2013 How Will This Affect Homebuyers?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0","date":"May 10, 2019","format":false,"excerpt":"\r Singaporeans will now have more flexibility in using their Central Provident Fund (CPF) when purchasing older properties. From Friday (May 10), home buyers will be able to draw more from their CPF to buy ageing flats, provided that the property\u2019s remaining lease covers the youngest buyer until the age\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-buyers-willing-to-pay-extra-cash-for-hdb-resale-flats\/","url_meta":{"origin":89993,"position":3},"title":"More buyers willing to pay extra cash for HDB resale flats","date":"January 29, 2021","format":false,"excerpt":"\r One of the factors\u00a0causing the higher demand and premium prices of resale HDB flats include buyers\u2019 desire for a larger living space following the experience during the circuit breaker.\u00a0 Property agents has observed a growing number of buyers who are willing to pay extra cash on top of actual\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/HDB-prices.jpg?fit=840%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pinnacleduxton-prices-unlikely-to-climb-much-higher\/","url_meta":{"origin":89993,"position":4},"title":"Pinnacle@Duxton prices unlikely to climb much higher","date":"March 15, 2016","format":false,"excerpt":"\r Three flats at the landmark project have been sold for over $1 million in 2016. The Pinnacle@Duxton in Tanjong Pagar has recorded three transactions of above $1 million so far this year for its 5-room flats, similar to the four deals seen in the first three months of 2015.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-compensation-to-pavilia-flat-buyers-may-slash-valuations-and-cut-the-bank-loans-available-to-mortgage-borrowers\/","url_meta":{"origin":89993,"position":5},"title":"New World\u2019s compensation to Pavilia flat buyers may slash valuations and cut the bank loans available to mortgage borrowers","date":"July 10, 2021","format":false,"excerpt":"\r New World Development\u2019s decision this week to compensate owners of the flats it plans to demolish at The Pavilia Farm apartment complex could slash the valuation of the property and reduce the amount of bank loans available to mortgage borrowers.Slightly more than half of the customers who bought the\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\/89993"}],"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=89993"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/89993\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=89993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=89993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=89993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}