Declined Help to Buy mortgage by the high street lenders we can help. Help to Buy mortgage declined what next? A Help to Buy purchase is normally supported by a mortgage so if a lender declines this aspect of the transaction everything grinds to a halt. The good news is not all mortgage lenders apply the same strict rules and your Help to Buy purchase may still be possible. The pool of Help … [Read more...]
Santander launches Help to Buy 2 95% Mortgage
New Help to Buy mortgages for older properties from Abbey / Santander Santander has finally launched is range of help to buy two mortgage products which are focused on older properties under the government’s help to buy scheme. First off I would say they’ve probably come out with the best product out in the market currently with a 4.99 rate and no fees which is beneficial for first-time buyers … [Read more...]
95% Halifax Help to Buy Mortgage products
95% Halifax Mortgages for Help To Buy 2 Mortgage Guarantee Scheme It has been an exciting week as more and more lenders scramble to grab headlines by expressing their willingness to participate in the Help To Buy 2 Mortgage Guarantee Scheme. We have heard that Aldermore, Barclays, Halifax, HSBC, Lloyds, NatWest, RBS, Santander and new lender TSB will take part. The funds for the Help to Buy … [Read more...]
Help to Buy Mortgage
Help to Buy Mortgage Equity Loans Help to Buy Mortgage is a method of buying a property with the help of the Government. The concept is to make home ownership more affordable and also further UK building. The Help to Buy Mortgage equity loan is just that ‘additional borrowing’ to finance the deposit. Backed by the Government repayments are not normally required until 5 years has past so until … [Read more...]
Simple guide to the Help to Buy Scheme
The Government Help To Buy Scheme. How Does It All Work? Unlike the normal rhetoric that flows easily from the spin doctors – the Government Help To Buy Scheme is designed to assist first time and next time buyers looking to purchase a new build property – and has been supported by practical help rather than hot air. It really is a win, win, win all round. How so? Well the market needs … [Read more...]
NatWest Help to Buy Mortgage Launch
New Help to Buy Mortgage launches from NatWest on the 15/05/2013 with a headline rate of 3.15% fixed for two years and no arrangement fees. As one of the nation’s specialist Brokers for Help to Buy Mortgages I am delighted to inform you that we will officially have our second Help to Buy lender launching it’s product tomorrow. They will be offering a very competitive rate together with the … [Read more...]
Help to Buy and New Buy Scheme rules for foreign nationals
Mortgages criteria for foreign nationals on a Visa Help To Buy and New Buy Mortgages In my ongoing discussions with lenders I have been given further clarification on the position to lend to foreign nationals in regards to the Government run Help to Buy and New Buy schemes. As it currently stands both schemes are not accepting applications from non-UK or EU residents. In other words if you are … [Read more...]
What is classed as a new build property for Help to Buy Mortgage?
Help to Buy Mortgage and the lenders critera on new builds There seems to be a lot of confusion about the Government’s new Help to Buy scheme in relation to the criteria around new build developments and what the lenders consider to be an actual 'new build'. That there is only one lender currently signed up to the Help to Buy mortgage scheme with a live product, and good one at that too, so I … [Read more...]
Help To Buy Mortgage scheme product details
The new Help to Buy Mortgage Scheme launched by the Government has seen an avalanche of interest on our switchboard. Until now the lenders have been a little behind on the Government’s move. It’s unclear if this is down to them being slow to react or simply the Government failing to give sufficient advance notice of their intentions. Anyway, the good news is they are catching up fast and I’m … [Read more...]
Halifax Help To Buy scheme through Niche advice from 1st of April 2013
Halifax exclusive Help to Buy mortgages from 1 April – Full Mortgage Advice service All you need to know so far about the Home to Buy Scheme Nationwide: The Help to Buy scheme is essentially a further extension to the existing first buy scheme which was targeted at clients looking to purchase property through shared equity mortgages. The government has launched scheme quick smart to try to … [Read more...]