Help to Buy Mortgages
The Government runs two separate schemes to help people struggling to buy a home. The Help to Buy scheme and NewBuy are available to buyers with a deposit of between 5% and 20% of a property’s value.
They work by either offering you a interest free equity loan to buy a newbuild property or by the government part-guaranteeing a mortgage loan to make it less risky for lender to offer you a mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Speak to our expert mortgage advisers today on 01244 904 410