Will I qualify for Government help to buy scheme?
I’m also interested in the government help to buy scheme. I’m on the property ladder with mortgage already paid up. It is a large 3 bedroom property, built in 1960 and it is much too big for me now, as family has left home and I live by myself. I’m 67 years of age, retired; also have this medical condition where I have to have heating on most times in order to keep warm (80F) and this property is not suitable for me now. I won’t need a mortgage as I would sell my property, so the money from the sale would pay for new smaller property right out. Will I still qualify for Government help to buy scheme to move into new home?
Web reference: http://www.gov.uk/affordable-home-ownership-schemes/overviewAnswered on Aug 23 2014, Report content
Web reference: http://www.hmrc.gov.uk/cgt/property/sell-own-home.htmAnswered on Aug 24 2014, Report content
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