Cancelling BTO After A Breakup: What Happens Next?

what happens to bto after break up

Getting together and breaking up are part and parcel of life, but the latter can be one of the most traumatic experiences a person can go through. Your self-esteem gets crushed, you feel unwanted and unloved, and you’ve got to deal with the prospect of being alone forevermore.

Unfortunately, it gets worse. If you and your ex had actually gone so far as to ballot for a BTO flat, you’ll also face the prospect of losing money. And depending on how far you’ve gotten in the purchase process, you could be looking at a loss of tens of thousands of dollars.

Here’s what to expect when you cancel your BTO flat purchase because of a breakup.

Text: Joanne Poh
The post Applying for a BTO and Then Breaking Up – How Much Will it Cost You appeared first on the MoneySmart.sg blogMoneySmart.sg is Singapore’s leading personal finance portal that helps you to maximise your money.

For more stories from CLEO, read 6 Foods That’ll Help You Beat The Bloat and Here’s How To Answer This Difficult Job Interview Question.

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