Get Home Buyers Plan Rules PNG. (if you have never participated in the hbp this section does not apply.) however, special rules will apply to the repayment of your hbp balance. There are two possible strategies you can use:
Funds borrowed from the retirement plan.
To qualify, funds must not exceed the limit and must be withdrawn within 30 days after residing in the home. Read these 13 rules for young people looking to buy — while avoiding another burst housing bubble. Planning your retirement, automatic enrolment, types of pension and retirement income. Planning on buying a home?