Help-to-buy mortgages is basically a government scheme. It is available throughout the UK.

The loan scheme allows you to have an equity loan of about 40% of the property value. The scheme is funded by the government. It gives you a deposit rate of 5%. This suggests that you will only have to repay 55% of the total mortgage deal.

There is no hard and fast rule about the amount of deposit. If you find it feasible, you can pay a higher deposit. The advantage of submitting a higher deposit is that it increases the probability of your acceptance for a mortgage.

Help-to-buy mortgage schemes is beneficial for those who:

•  Are first time buyers of the property
• Nearing retirement
• Have a low income

Advantages In Help To Buy

• You need only a small deposit.
• You pay a little amount per month in the initial five years.
• You get your new home.
• Paying to own a property is better than paying rent.
• The first five years are interest-free.

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 that 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 and you owe it.

We offer interest-free loans for the first five years. If you fail to pay it back, an 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 from renting it.

If you deposit 5% with 45% share on the mortgage that will mean a 50% share of both, you and the government. This makes you liable to pay the rent for living there.

Percentage of your ownership can be increased at any time in future if you want so.

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.

Free Mortgage Consultation

Our specialist broker in Help to Buy mortgage will brief you about all schemes and their mechanism. We will also evaluate your financial and personal condition and see the most appropriate Help to Buy scheme for you.

Many Help to Buy applicants have passed the lender’s criteria easily with our help. We will help you to be the next one.

If you want to ask anything, advice on fees or loans, we have Help to Buy Buyer’s Guide.

Get Expert Mortgage Broker Advice

Our brokers analyze your individual and financial stability and choose the best scheme for you. We make our clients feel content and delighted in the whole process.

Some of the usual Help to Buy mortgage circumstances are as under:

• You can own a home with only 5% of the deposit while Help to Buy Shared Ownership deposits are much less than this.
• Help to Buy: In an Equity loan, the government lends up to 20% of the home value. With only 5% of deposit and 75% of mortgage, you can do it all.

When it comes to help-to-buy mortgage deals our experts will provide you with the very best mortgage deal. Our advisors will look into your finances and situation before proposing you any deal. There are various other aspects related to help-to-buy mortgage schemes which our experts will be happy to take you through.

Please note that these mortgage services are provided by Care4Mortgages which is a trading style name of Mian Asif Zubair who is an Appointed Representative of Ingard Financial Limited which is authorised and regulated by the Financial Conduct Authority 450731. DPA number Z1092956.