Help-to-Buy Scheme

Are you a first-time buyer, tired of paying rent, who can afford mortgage payments but cannot afford a deposit of more than 5%?

Or do you already own a home but feel trapped because the value of your home has not increased, so you can afford only a 5% deposit on your next place?

Now could be a great time to get on the property ladder and own your first home or make your next move, contact us today to see how Help to Buy could help.

Help To Buy: Equity Loan

For home-buyers, the Help to Buy: Equity Loan scheme is for people who wish to purchase a new build property when they cannot afford one in their area because of lack of income and insufficient deposit.

These include first-time buyers who are trying to get on the property ladder, and ‘second-movers’, needing to move up the ladder to a bigger home.

These loans are not available for Buy-to-Let landlords or second homeowners.

Affordable Housing in Blackpool

The main aim of these housing schemes is to make home ownership accessible to buyers who would otherwise be unable to buy.

There are several different affordable schemes that may be available in your area, examples are listed below:

• Help to Buy
• Shared Ownership - New Build
• Shared Ownership - Resale
• Shared Equity
• Social HomeBuy
• Rent to Buy
• Right to Buy

Your property may be repossessed if you do not keep up repayments on your mortgage

We will charge a fee of £395 for a residential mortgage & £495 for a buy to let mortgage on application. In addition we will also be paid a procuration fee from the lender.