I'm interested in how helpful this initiative was. Some say it contributed to house inflation. But did it help you and how do you feel about it?
I was nervous about the idea, given that after the 5 year period, additional interest would be applied on any remaining balance. But looking back, I think for the broader part it would have been a good decision as property prices have risen a lot since the scheme was introduced, and remortgaging would effectively take care of the government loan.
So tell me, when did you buy using the scheme? Was it a house or a flat? Did you have difficulties selling or remortgaging? Where does it leave you now?