Doesn't look like it, have a read of this link, page 10 in particular to your question: http://www.helptobuy.org.uk/wp-content/uploads/2013/06/Help-to-Buy-equity-loan-buyers-guide.pdf You cannot choose to take a lower mortgage if your affordable income multiple suggests you can afford and sustain a higher one.
Doesn't look like it, have a read of this link, page 10 in particular to your question:
http://www.helptobuy.org.uk/wp-content/uploads/2013/06/Help-to-Buy-equity-loan-buyers-guide.pdf
You cannot choose to take a lower mortgage if your affordable income multiple suggests you can afford and sustain a higher one.
madness!
@sohi started
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madness!