Help to Buy – How To Get On The Property Ladder
Help to Buy support from the Government has successfully helped a large number of people take their first step onto the property ladder.
Whether you are finding it difficult to save a deposit or getting approved for a mortgage, Help to Buy support could be the answer you’ve been waiting for.
There are a variety of different types of Help to Buy mechanisms, from shared equity to Help to Buy ISAs to make buying your property more feasible.
Am I Eligible for Help To Buy?
Our mortgage advisers will assess your financial circumstances and will be able to tell you whether you meet the necessary criteria to apply for one of the Help to Buy mortgage services.
Each Help to Buy scheme has different criteria and whether you are applicable or which one is most suitable, will depend on your financial position.
Types of Help To Buy Schemes
- Help To Buy ISA & Help To Buy Scheme: These will help you save money for a deposit.
- Shared Ownership: You will own a percentage of the property, while a housing association will own the remaining share. This makes being accepted for a mortgage more likely.
- Right To Buy: You could purchase your Secure Housing Executive or housing association property.
- Rent to Buy: Should you be finding it difficult saving money for a deposit, this scheme could make it more affordable.