Help to Buy
Are you a first-time buyer, tired of paying rent, who can afford mortgage payments but cannot afford a deposit of more than 5%?
Or do you already own a home but feel trapped because the value of your home has not increased, so you can afford only a 5% deposit on your next place?
Now could be a great time to get on the property ladder and own your first home or make your next move, contact us today to see how Help to Buy could help.
Help to Buy: Equity Loan
For home-buyers, the Help to Buy: Equity Loan scheme is for people who wish to purchase a new build property when they cannot afford one in their area because of lack of income and insufficient deposit.
These include first-time buyers who are trying to get on the property ladder, and ‘second-movers’, needing to move up the ladder to a bigger home.
These loans are not available for Buy-to-Let landlords or second homeowners.
Help to Buy: Mortgage Guarantee
Please note, the Help to Buy Mortgage Guarantee scheme closed in December 2016, but you can still find all the details about the scheme here.
The Help to Buy: Mortgage Guarantee scheme helps home-buyers with good credit records who can afford to purchase the property outright with a deposit as low as 5%.
These include first-time buyers who are trying to get onto the property ladder, and ‘second-movers’, needing to move up the ladder to a bigger home.
These loans are not available for Buy-to-Let landlords, second homeowners or for a Shared Ownership purchase.