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What is buyers incentive?

Asked on Nov 28 2013, House Prices in Leeds | Report content

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  • Hi littleblob, A buyer's incentive is essentially just a scheme that is in place - be it from the government, house sellers or developers - that will entice people to purchase a home. It includes the likes of the government's Help to Buy scheme, under which people were able to get themselves a mortgage with just a five per cent deposit. You can get more information about the Help to Buy scheme using the link below. Other sorts of incentives, however, can include things such as when estate agents and developers offer a cashback deal that allows people to get money in their account when they buy, or more recently, deals that will see stamp duty paid by the builder. Many thanks, Scott

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    Answered on Dec 3 2013, Report content

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