help to buy mortgage birmingham

Help to Buy Mortgage Advice in Birmingham

Help to Buy Mortgage Advice in Birmingham

The whole home buying process can be unpredictable and a little frightening, especially if you haven’t done it before. Do not worry, we’re here to support you through the whole process, talk you through what happens and always be at the other end of the phone when you need us. Often, when buying a home, things don’t always go to plan that’s why having a Local Mortgage Expert on your side will prove incredibly helpful.   

The video below is from the Helptobuy.gov website and explains the Help to Buy Scheme well … 

Please contact us to see if you qualify for the scheme

Help to Buy Mortgage Advice in Birmingham

The Help to Buy Equity Loan Scheme is designed to help both first-time buyers and home movers buy a new home, with a 5% deposit.

Help to Buy Equity Loans – Key Facts:

    • A minimum of 5% deposit is required.
    • Up to 20% of the property’s value as an equity loan from the Government.
    • The rest is taken out as a Help to Buy Mortgage.  I.e. 5% deposit, 20% equity loan, 75% mortgage.

Help to Buy – Do You Qualify?

As part of our service, if you are wanting to go down the Help to Buy route, we will see if you qualify for the scheme.  Help to Buy Equity loans are only available on new build homes up to the value of £600k. Both home movers and first-time buyers qualify.  

You must not own any other property at the time you buy your new home with a Help to Buy Equity Loan. Subletting and part-exchange are also not allowed.  

Example: for a home with a £200,000 price tag

Help to Buy: Equity Loan scheme Example

Reasons to choose us as your Mortgage Broker:

    1. We’ll help and support you anytime you need us, 7 days a week! The home buying process isn’t always easy, we’ll help you over any hurdles you face.
    2. We’ll see if you qualify for the help to buy and also if you have more deposit available, we can compare this to a regular mortgage without the loan.
    3. We’ll aim to make you feel relaxed and be open and honest – We’ll take away the stress.
    4. Please read our genuine customer Reviews at Reviews.co.uk. Your service is really important to us!
    5. Mortgage Advice is available on a  or over the phone – whichever one you’re most comfortable with.  It’s the same service either way!
    6. We’re not like a bank – We’re able to search 1000’s of mortgage deals in order to recommend the best one for you!

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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

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The Financial Conduct Authority does not regulate most buy to let mortgages.

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