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It's Free to Speak to an Advisor, 7 days, 8am - 10pm
The Help to Buy Schemes presents an enticing opportunity, albeit one with its complexities. At Grimsbymoneyman, we leverage our expertise to guide you through the process, ensuring transparency and eliminating any unwelcome surprises.
Our goal is to make the journey smooth and unintimidating, providing support and answering your queries whenever you need us. Whether it’s mortgage advice in Grimsby or a deeper understanding of the Help to Buy Scheme, count on us to be your reliable partner throughout the entire process.
Determining your eligibility for the Help to Buy Schemes is a important aspect of our service. We carefully assess whether you meet the criteria, considering conditions such as not owning any other property and restrictions on second-home purchases, part-exchange, and sub-letting.
As your trusted mortgage broker in Grimsby, we offer tailored Help to Buy mortgage advice across all schemes. Explore the various Help to Buy Schemes available to you and delve into common Help to Buy mortgage scenarios with our expert guidance.
Mortgages play a pivotal role in the home-buying journey, especially through the Help to Buy schemes – a government-backed initiative designed to help both first time buyers and existing homeowners. Among the popular options is the Shared Ownership scheme, allowing individuals to purchase a share of a property and pay rent on the remaining portion.
This approach offers a financially feasible entry into homeownership, particularly valuable for those navigating the Grimsby housing market. Understanding and effectively utilising these schemes empower prospective homeowners, providing flexibility and financial support in their journey towards homeownership in Grimsby.
When seeking a Help to Buy mortgage in Grimsby, a typical requirement is a minimum deposit of 5% of the property’s purchase price.
To qualify for a Help to Buy mortgage in Grimsby, certain criteria must be met. This includes being a first-time buyer or a homeowner seeking to move to a new build, adhering to regional price caps, not owning other properties, and maintaining a clean credit history without overdue payments or issues on credit agreements.
The application process for the Help to Buy schemes involves several key steps. Initiate by reaching out to a local Help to Buy agent or visiting the official website. Secure a mortgage agreement in principle from a participating lender, select a property meeting the specified criteria, complete the Help to Buy application form provided by the agent, and finalise the purchase with your solicitor and mortgage lender.
Our Customers Love Us
4.95 Rating40 Reviews
Tony
Exceptionally easy, great communications throughout the whole process. Just received our mortgage offer!
1 month ago
Umu
Thank you with all the team for the hard work.
6 months ago
Paul
We were difficult clients because of our circumstances, but you guys smashed it out of the park! Thank you very much, we are eternally grateful Paul and Umu
7 months ago
Ben
Very good fast efficient service everybody was so helpful
7 months ago
Neil
Great service highly recommended
8 months ago
David
The whole process went very smoothly. There was no sense of any pressure being applied at any stage which was appreciated. It was made clear that any future advise sought would be forthcoming as the advisor intended to be there for the duration.
8 months ago
Samantha
Chris was our advisor, from start to finish he has been amazing. He got us exactly what we wanted. Explained everything to us and has been quick and patient throughout! Would recommend him to anyone!
9 months ago
Anonymous
Great service, would use again.
1 year ago
Lucy
Absolutely lovely team of people! Leo has been really friendly and helpful throughout the process! Would highly recommend.
1 year ago
Anonymous
great service, thanks
1 year ago
Bryn
Couldn’t recommend moneyman enough. Went from thinking we wouldn’t get a mortgage due to being told so by another broker, to getting approved for our dream first house. We dealt with tom and stacey, and both was brilliant. From the initial...
1 year ago
Angela
It is our 1st time getting a mortgage and they where extremely helpful. There was confusion at the the beginning that was there fault but our solicitors and estates agent and they where so helpful they couldn't do enough to help us and reassure us....
2 years ago
Patrick
Very nice and frendly Staff, helped me with anything i need. Thank you Patryk, Patrycja Datkiewicz.
2 years ago
Steven
Tom and Jo were very friendly and helpful throughout the process! They took the stress out of applying for our mortgage and we’re very quick to process everything. Highly recommend :)
2 years ago
Georgia
Tom & Jo did a fabulous job at helping us get our first mortgage, we weren’t sure whether we would qualify for a mortgage given that I had only been self employed for two years and had been turned down by other lenders. Both Tom & Chloe kept us up...
2 years ago
Kevin
Extreamly satisfied with the service. Ryan made us feel comfortable from the start, which made the whole process a little less daunting. Lyndsey was fab and answered any questions we had. Will be recommending to all in future!
2 years ago
Samantha
Huge huge huge Thankyou to Matt and Louise for securing me a mortgage on my first home. I never thought I’d be able to get a mortgage given a few issues with my credit rating but they worked tirelessly with different mortgage companies to ensure...
2 years ago
Jane
Excellent service and advice, made the process of securing a mortgage stress free and quick. Joe Dewsbury my mortgage advisor could not have been more helpful and Kayleigh Stewart my case manager was friendly, easy to comunicate with, quick and ...
2 years ago
Kyle
Very happy with the service provided by everyone on the team and the speed in which they got things mooving. Was always available when you was needed and made it hassle free for me, thankyou again and all the best. Kind regards, Kyle Thain.
2 years ago
kenneth
Matt Collinson and his team lead us through this process with effortless ease. Communication was always clear and we were kept up to date at each stage of the process. The team are polite and professional and nothing is to much trouble. We highly...
3 years ago
In your free mortgage consultation, your mortgage advisor in Grimsby will meticulously explore your mortgage options and delve into the potential schemes available to you.
Our dedicated team will sift through a myriad of deals to pinpoint the most fitting mortgage product for your new property. Hopefully, you've successfully secured your place on the Help to Buy scheme by now.
The subsequent phase involves preparing your mortgage application for submission to the lender. Throughout this journey, we'll keep you informed about the progress of your mortgage application, ensuring transparency and clarity.
Our services go beyond merely securing the right mortgage for you. We also provide guidance on insurance options, aiming to safeguard both you and your loved ones.
Serving as a mortgage broker in Grimsby, we cater to clients seeking various mortgage solutions, including those falling under the Help to Buy Scheme. From the moment you reach out to us, we'll guide you through the entire process, providing comprehensive support.
Should you have identified a new home within the parameters of the Help to Buy Scheme, we will help you in navigating the paperwork, acting as a liaison with the home builder or estate agent on your behalf. Our commitment extends beyond managing your mortgage; we're also available to offer advice on surveyors or solicitors if needed.
In your initial free mortgage consultation, we'll meticulously review all the financial aspects with you, ensuring clarity on your monthly payments. As your dedicated mortgage advisor in Grimsby, we are committed to your assistance. Reach out to us today and schedule your free mortgage consultation.
Shared Ownership is a housing initiative that enables individuals to acquire a portion of a property while renting the remaining share. Typically, buyers invest in a share ranging from 25% to 75% and pay rent on the remaining portion. Over time, there’s the flexibility to increase ownership by purchasing additional shares, a process known as “staircasing,” ultimately leading to full property ownership.
The Lifetime ISA is a specialised individual savings account in the United Kingdom designed to facilitate savings for a first home or retirement. It offers a government bonus of 25% on contributions made before the age of 50. Contributions are subject to an annual limit, and withdrawals are tax-free if used for a qualifying first-time home purchase or after the age of 60 for retirement.
The Mortgage Guarantee is a government-backed initiative aimed at helping individuals with smaller deposits in achieving homeownership. Under this scheme, the government provides a guarantee to the mortgage lender, reducing the lender’s risk and making it more accessible for buyers with modest deposits to secure a mortgage. This initiative seeks to support homebuyers facing challenges in entering the property market due to lower deposit amounts.
Forces Help to Buy is a dedicated scheme in the United Kingdom designed specifically to aid armed forces personnel in the purchase of a home. It extends interest-free loans to eligible military personnel, helping them in raising a deposit for their first home or facilitating a move to another property. The loan is repayable over a predetermined period, aiming to enhance accessibility to homeownership for members of the armed forces.
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Grimsbymoneyman.com & Grimsbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Grimsbymoneyman.com & Grimsbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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