Buying agent Nina Harrison advises potential Your First Home buyers to avoid paying over the odds, taking lessons from Help to Buy when, she says, some developers “pushed prices towards the artificial thresholds set by the Government”.
Jess Parkinson and Elliot Fitzpatrick paid £460,000 for their first home, a two bedroom flat in Crystal Palace, thanks to a 40 per cent equity loan from the Government in 2019. In 2022 the couple were ready to move out of London, put the flat on the market and got an offer for the full asking price — £475,000. Unfortunately the deal didn’t progress….
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