Our £130k new-build home is worthless after ‘huge mistake’ was missed – we can’t even get a new mortgage… i...

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Our £130k new-build home is worthless after ‘huge mistake’ was missed – we can’t even get a new mortgage… i...
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  • 📰 TheSun
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A COUPLE has revealed their £130,000 new-build home is now worthless after a "huge mistake" was missed.With the help of the government's 'Help to Buy' scheme they secured a three-bedroom home back in 2015 with a 20 per cent help to buy the loan.PARK OFFAs part of the process, the property had to be valued but the report left the family devastated.

The 27-year-old was left in thousands of pounds worth of debt after realising his home was worthless. Although protective measures were supposedly in place, residents are not sure if it was ever finished. "We understand that a number of the residents have successfully taken legal action against the developer's agencies in order to rectify some of the problems on site, which the Council considers to be the correct route for residents to be following."A spokesperson added: "We have been in regular contact with Mr and Mrs Oliver over this matter and recognise the distress it has caused them.

It might be worth checking out which first time buyer events are being hosted around your local area.

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