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HSBC & New Build Rules

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I'd like to borrow some expertise from the forum to deciper HSBC's policy on new builds.

This is taken directly from the HSBC Mortgage FAQ

Quote:

A New Build Property is defined as:
  • a building that has been built in the last 24 months which includes property bought directly from a builder or developer
  • a property that has yet to be occupied for the first time

The part I'm specifically interested in is the first bullet point. Does this mean a property of any age currently owned by the people who built it counts as a New Build?

Here's the scenario:
I'm looking to buy a house that was built 3 years ago (i.e. greater than 24 Months) but was a self build and is owned by the person who built it.

I don't want to waste an Mortgage application having it affect my credit rating and potentially end up in the Mortgage Application Spiral. :eek:

Thanks.

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