Credit history will bar many from £12bn scheme for homebuyers
22 July 2013: Those keen to benefit from second part of the Help to Buy scheme to be subjected to income checks and 'stress testing'
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Posted on the 23 July 2013 by Markwadsworth @Mark_Wadsworth
"It was also confirmed that people will not be able to use the scheme to buy second homes, with lenders required to collect a declaration stating that the borrower has no interest in a property anywhere else in the world. It will not be possible to use Help to Buy in conjunction with any other government home-buying scheme".
22 July 2013: Those keen to benefit from second part of the Help to Buy scheme to be subjected to income checks and 'stress testing'
22 July 2013: Those keen to benefit from second part of the Help to Buy scheme to be subjected to income checks and 'stress testing'
