Trading up and need that extra room? You could move with as little as a 5% deposit
A great option - NOT just for first-time buyers, but ALL home-movers
If you’ve needed an extra bedroom or craved that larger garden, but have been a prisoner of your mortgage, trapped by a lack of equity - here’s a great opportunity to move using the government-backed ‘Mortgage Guarantee’ Help to Buy scheme.
Seize the moment
Get talking to us today 01983 580095.
Help to Buy - Equity Loan & Mortgage Guarantee explained
There are 2 options for Help 2 Buy (both on homes up to 600k): ‘Help to Buy - Equity Loan’, which became available on January 1st 2013 and is aimed at new homes only, offering 5% deposits and interest-free loans for the first 5 years, and ‘Help to Buy – Mortgage Guarantee’, available for both new and second-hand homes where buyers only need a minimum of 5% deposit and up to 20% of the total of the mortgage is covered by a Government guarantee to the Lender.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP
REPAYMENTS ON YOUR MORTGAGE