31.07.2008 - UK: Incentives for new build property buyers
From propertywire.com: Property investors in the UK are benefiting from a range of incentives being offered by developers who are desperate to sell their new homes. And it is likely to continue as a new report shows that building contractors are not passing on the increase in costs of materials and wages, thus keeping the price of new buildings down. They are choosing to absorb the extra costs in an attempt to fill order books. Incentives being offered to those buying new homes include part exchange, deposit paid, fees paid, moving costs paid, mortgage subsidies, guaranteed rentals and even a guarantee of future prices.And in some cases developers are offering carpets, curtains and light fittings as well as cars and holidays. 'No one is likely to choose a home solely because of the incentives available..... Full Article: Source
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