The Help to Buy Scheme is designed to help more people own their home. It means that you are able to buy a home with only 5% deposit. The type of loan we can arrange for you within this scheme is:
With the Help to Buy Mortgage Guarantee scheme, you are responsible for the repayments on the whole mortgage you take out but the government will offer a guarantee on a part of your mortgage.
This means that lenders who participate in this scheme are in effect able to offer mortgages of up 95% of the purchase value. There are some conditions attached to the Help to Buy schemes and we have happy to discuss this with you to see if a Mortgage Guarantee scheme is suitable for you.