Help to buy scheme

[administrator]

Article from Tony Harris @ Contractor Money added to the main site today:
Contractors are being handed an unprecedented leg-up the property ladder :: Contractor UK

[ThomserveBAS]

Article from Tony Harris @ Contractor Money added to the main site today:
Contractors are being handed an unprecedented leg-up the property ladder :: Contractor UK

Interesting article - still many unanswered questions for us contractor folks though, especially the one about how the HCA will assess eligibility criteria - on paper, you wouldn't think someone earning upwards of 80k/year would need assistance yet in reality that is likely to be the case.

I really can't decide what to do - part of me thinks I should get >12 months under my belt, the other half thinks I should just get on with it, especially now as we're expecting our first and will actually need the additional space.

[dmo]

OP did you decide to take the plunge and use the scheme in the end? or you still deciding?

[sm02fly]

Has anyone been through this scheme recently? I too am keen to hear others experience when having the affordability check with the HCA/Home Buy Agent. What figures did you submit (for example low salary/high dividend, total from your last Self Assessment/another calculation)?

What evidence were you asked to provide to back these figures up?

Thanks