have any contractors used these gov first time buyer schemes?
i think house prices will fall further (a complete collapse has only been avoided by ridiculously low interest rates) so it looks like a good way of getting the government (effectively) to take the risk. If they own 75% of your mortgage and the market crashes and you sell, they are taking the most of the hit.
so, has anyone used the scheme?
i think you have to be earning below 60K per year so not sure how they would treat non IR35 contractor earnings?
i think house prices will fall further (a complete collapse has only been avoided by ridiculously low interest rates) so it looks like a good way of getting the government (effectively) to take the risk. If they own 75% of your mortgage and the market crashes and you sell, they are taking the most of the hit.
so, has anyone used the scheme?
i think you have to be earning below 60K per year so not sure how they would treat non IR35 contractor earnings?
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