Leaky Building Government Relief – Is It What It Seems?
The Government has just announced a financial assistance package for leaky home owners, that will be available from today.
What this means is that the Government will give 25% of the repair costs with the Local Council that signed the work off providing another 25% of the costs.
This will leave 50% of the costs up to the home owners to come up with. To assist with this the Government have said that they will underwrite the loans with the banks, although it is uncertain at this point by how much.
The banks that have agreed to lend under this […]