Mortgages - Help To Buy
- Help to Buy replaces FirstBuy and own shared equity
- Help to Buy launched as a Government provided 80:20 shared equity product
- Available on all developments
- Only a 5% deposit needed
- 1.75% fee charged after year 5, increased by RPI+1%. Interest free for first 5 years
- 25 year longstop - repayment from sale or re mortgage
- 75% mortgage required from a bank or building society - Potentially lower rates available to buyers
- Maximum market value of property £600,000
- Capital repayment mortgage only
- Available to all purchasers buying their principal home
Please call us on 01432 277877 to see if you qualify