Tel: 01278 453926
via our contact us page and we will call you back to discuss this.
How can I find out more?
This is a Government backed scheme to help people move and or buy their first home.
How does it work?
Help to Buy, comes in two forms which we will summarise below.
One is an equity loan which offers an interest-free loan for the first five years of up to 20% of the purchase price to buy new-build property. This is available to selected builders and they will be advertising this in your local area if available to you.
The other is a mortgage guarantee.
It gives the lender a guarantee of up to 15% of the mortgage if the lender has to repossess the property and the amount it sells for is not enough to pay off the amount owed. We have access to these schemes and can advise you on the best route to use.
Both require a 5% deposit from the borrower.
XL Financial Services Limited © ALL RIGHTS RESERVED.