5 years of new build,
Some lenders have gone to the ridiculous criteria of considering all properties under five years old as new build. It just goes to show how small minded these lenders are.
Off-plan property and new build is the lifeblood of an economy and doesn't deserve the treatment it is being given right now by lenders. The government through the FSA could do something, but never have I seen a pack of incompetent idiots running a country, they really seem to lack and leadership or vision of what gets an economy out of recession and an opposition that reminds me of that baby advert on TV, the one with the babies on skates.
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