In October 2013 the Government launched the Help to Buy scheme which could enable you to buy your own property with as little as 5% Deposit subject to status and availability.
Help to Buy guarantees are available for:
- UK properties of a purchase value of £600k or less
- The purchase of your first or only property. No second homes or further properties are allowed
- Residential mortgages only so you must be planning to live in your house and not rent it out
Mortgages taken through the scheme must be on a repayment basis and cannot be for a Shared Equity or Shared Ownership purchase. Call us today to find out more.