We Help You To Own Your Home
Are you in search of HELP TO BUY mortgage advice? Talking to our expert team on this matter is a good option. We guide our clients in the Help to Buy scheme from start to end. We tell if you qualify for a better scheme or if you can find a competing deal that suits you.
Buy Your Home With An Equity Loan
If your deposit is ready and you have selected a property you want to buy through a mortgage, make an application now.
For instance, if you are willing to deposit 5%, you will get an extra 20% loan from the Government to make a 25% of the total deposit. If you opt for a 15% deposit, the loan from the Government will be 10%.
Now you have a deposit of 25% of the new property, which makes your mortgage only 75%. Although the percentage from the Government is also a loan, you owe it.
We offer interest-free loans for the first five years. If you fail to pay it back, the interest of 1.75% will be levied.
Our Help to Buy Shared Ownership Scheme lets you buy around 25%-75% of your property. You can pay the remaining amount by renting it.
If you deposit 5% with a 45% share on the mortgage, that will mean a 50% share between you and the Government. This makes you liable to pay the rent for living there.
Your ownership percentage can be increased at any time in the future if you want to.
It is a common practice for Help to Buy applicants to increase the percentage of their share after they settle in or manage more funds.