pac-manny
this is very helpful forum
we made a deposit of the land and to PD last week....our land is in stage 33 (Peveril Ave)
Geraldine told us that the release of title will be on Feb next year
our dilemna is whether we should sign the building contract on Sept or Dec
Of course, we would like to sign it on Sept because of the 32k grant but we are anticipating that the title release might be delayed and we might exceed the 26 weeks deadline...SRO told us that they might reconsider the 32k depending on the application, but if we are not eligible for th 32k, the grant will be 18k only
Due to this, we are more likely to sign on Dec so we have enough time and be eligible for 25k
This is tough decision, 7k is a good amount of money
we made a deposit of the land and to PD last week....our land is in stage 33 (Peveril Ave)
Geraldine told us that the release of title will be on Feb next year
our dilemna is whether we should sign the building contract on Sept or Dec
Of course, we would like to sign it on Sept because of the 32k grant but we are anticipating that the title release might be delayed and we might exceed the 26 weeks deadline...SRO told us that they might reconsider the 32k depending on the application, but if we are not eligible for th 32k, the grant will be 18k only
Due to this, we are more likely to sign on Dec so we have enough time and be eligible for 25k
This is tough decision, 7k is a good amount of money
Hi pac manny
You are in the same position we are in right now , we have signed contract with stage 33 tonbridge circle and have decided to sign construction contracts in december to give us piece of mind and get 25k FOHG and land we have been advised from solicotors will title in march 2010 not feb as geraldine has mentioned .
One other issue we have is we just got a land evaluation back and came back 6000 short but our broken didnt take into account the rebate of 6000 if titles are paid within 10days ... so fingers crossed all goes well and im now worried for construction with PD will be undervalued too....
PD say they are aiming at 30th april start date thats all good if we get land titles as required ... i guess we arnt the only ones.....