If you purchase your property and decide to dispose of it within 10 years the following criteria apply:
- If you sell your home within five years of purchase, you will be required to pay back the entire discount received.
- If you decide to sell within 10 years, Apex must be offered the opportunity to re-purchase.
Some disposals are exempt from the requirement to repay the discount, for example, disposal to a joint purchaser. For further information, reference should be made to the ‘House Sales Scheme’.