What is the best way to pay for newly purchased house by cash/credit ( without lone)in installments?
1) Since you say you can afford to pay the whole amount without taking credit, then that is the best way to buy a house. This will give you complete ownership and you may do whatever you deem fit. You also do not have to take the trouble of servicing the loan for a long duration. You save money on intrest. 2) If the builder has mentioned the same HSBC account in the agreement then that should be proof enough that you have paid him. ( of course you will be giving a crossed cheque). You have the bank record of payment. 3) It is very important that you make site visits to conform that the project is completed as per schedule.
