11 Nov

I got a home with help-to-buy – can my dad buy it for less than market value?

I’m hoping my parents can give me the balance between sale price and what the property is really worthQ I have a property which I bought with an equity loan under the help-to-buy scheme. This means that if I sell my property I will pay back a proportion of the significant value growth to the help-to-buy agency.Can my father’s property company purchase my property at lower than market value – thus reducing the proportion of profit transferred to the help-to-buy agency – and then my parents give me the balance between sale price and market value to assist in purchasing a new home? UP Continue reading…

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