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The government Help To Buy Scheme is a fantastic & innovative way of purchasing your new home.
You can apply to the government for assistance towards your deposit to purchase your home. You may be eligible for up to 20% equity loan to contribute towards your deposit. This would increase to 40% if you are purchasing inside London.
When utilizing the scheme, you need to have a minimum deposit of 5% yourself.
Below is an example of how the Help To Buy Scheme can work;
Purchase price – £100,000
Your 5% deposit – £5,000
The government Help to Buy equity loan (20%) – £20,000
Total deposit (25%) – £25,000
Mortgage amount (75%) – £75,000
Another fantastic benefit of this scheme is due to having a healthier deposit, you will then be able to benefit from lower interest rates on your mortgage!
Why not contact us today & explore this fantastic opportunity to assist you to getting onto the property ladder.
" This is the best message anyone can receive. That’s made my Friday, Christmas and 2020. Mark I can not thank you enough for the work you have put into making this happen. Your professionalism is just outstanding from start to finish, the best mortgage broker ever. Thank you "
Now apply for a Car Loan online, All you need to do is provide your details below application form.
The Mortgage Family Ltd is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. The Mortgage Family Ltd is registered in England and Wales with company number 12986572. Registered office 3rd Floor 5 Temple Square, Temple Street, Liverpool, United Kingdom, L2 5RH.
Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing any other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage. Think carefully before securing any other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances, but we estimate it will be £295.
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK
The Mortgage Family Limited is an Appointed Representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority’ - ‘Your home may be repossessed if you do not keep up repayments on your mortgage’ – ‘There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate it will be £295’
