Help-to-Buy Scheme

Let’s face it – for many people, getting together a £20,000+ house deposit is near impossible. For this reason, many people who want to own their own property are being forced to move into rented accommodation against their will where they feel can only settle down to a certain extent.

For this reason, the government has recently introduced the Help-To-Buy scheme.

The help to buy scheme is designed to help regular people get the house they deserve without having to scrape together tens of thousands of pounds. This is achieved by the government offering an incentive guarantee to the mortgage lender.

See below if you qualify for the scheme…

You can afford put down a minimum of 5% deposit
The property you are looking at purchasing is worth under £600,000
You plan on regularly living at the property
You do not plan on renting out the property

Newly Built Properties

The purchase of newly built properties has also been given a massive push forward. With a 5% deposit, the government will supply 20% of the property value and a mortgage lender will supply the other 75%. The 20% offered by the government will be fee-free for the first 5 years of owning your home.

If you are one of the majority that finds themselves saying ‘maybe next year’, we suggest that this scheme is snapped up as soon as possible as it is only expected to last around 3 years.

For more information, go to

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