Help to Buy Mortgage Advice Grimsby
Help to Buy Mortgage Advice in Grimsby
The help to buy equity loan is designed to help people get on the property ladder or buy a new home with a 5% deposit.
How does the help to buy equity loan work?
With a Help to Buy: Equity Loan, the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
Who is eligible?
The equity loan scheme is available to first-time buyers as well as home movers looking to move. The home you want to buy must be newly built with a price tag up to £600,000.
You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy: Equity Loan.
Why use your local Grimsby mortgage broker?
- As part of your free mortgage consultation, we can provide you with an idea of how much your mortgage will cost and if you qualify.
- We work for you! We are not tied to any estate agent, builder or bank. We have your sole interests at heart.
- We can transact over the telephone or face to face it’s entirely your choice.
- We pride ourselves on our customer service.
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