HELP TO BUY MORTGAGES
Hope Mortgage Solutions secure mortgages across the whole of market for the help to buy equity loan scheme.
The government will lend up to 20% of the cost of the property in addition to the buyers' deposit (a minimum of 5%) which is interest free for the first 5 years. From year 6 onward the buyer will pay a rate of interest (currently 1.75%) allowing the buyer to secure mortgage products at 75% of the property value, offering a more competitive rate of interest than those at a higher loan to value ratio.
London Help To Buy.
To reflect the current property prices in London, from February 2016 the Government has increased the upper limit for the equity loan, from 20% to 40% for new home-buyers within Greater London. Hope Mortgage Solutions offer London Help To Buy mortgages on a whole of market basis to find the most cost effective solution for you.
There are two applications which need to take place to secure the finance required for a property using the help to buy scheme, an application to the local help to buy agent and the mortgage application itself. Hope Mortgage Solutions will complete both applications on behalf of the buyer to ensure that all finance is approved in time for completion.
For more information on the Help to Buy: Equity loan scheme, click here
WHY USE HOPE MORTGAGE SOLUTIONS?
WHOLE OF MARKET MORTGAGE BROKER
PROFESSIONAL, PERSONAL ADVICE TAILORED TO YOU
'LIFETIME FEE' SCHEME - ONE FEE PAYABLE FOR MORTGAGE ADVICE FOR LIFE
ACCESS TO THOUSANDS OF MORTGAGE PRODUCTS
LENDER EXCLUSIVE PRODUCTS WHICH ARE ONLY AVAILABLE THROUGH BROKERS