Foster carers can save thousands on a brand new home with the key worker deposit contribution scheme from Barratt Homes*
Whether you’re looking to take your first step onto the property ladder, or buy a bigger home, our specialist Foster Carer Mortgage team is working with Barratt Homes to offer Foster Carers the Key Worker Deposit Contribution scheme. When you purchase a Barratt home using the scheme, you could receive £1,000 towards your deposit from the house builder for every £20,000 spent on the purchase price, and flooring will also be included!
Secure your mortgage for a brand-new home. Book a 30-minute no obligation fact-finding appointment with one of our new build advisers.
How much can you afford to borrow?
About your income...
Based on your yearly income, you may be able to borrow:
Some current top new-build mortgage deals
Furness Own New Exclusive 5% Incentive 2 Year Fixed £999 Fee Cashback [dev only]
Standard variable rate 8.39% | Lender arrangement fee £999.00 | Total fees £1,139.00 | Early repayment charge applies until
Your rate of 1.71% will last for the first 24 months of your mortgage (the initial period). During that period you’ll be charged £1,028.30 a month. After that, you’ll switch to the Furness BS’s standard variable rate (SVR) of 8.39%
Own New 5% Exclusive 2 Year Fixed £995 Fee Purchase £250 Cashback [dev only]
Standard variable rate 8.24% | Lender arrangement fee £995.00 | Total fees £1,295.00 | Early repayment charge applies until 01-Feb-2027
Your rate of 2.16% will last for the first 25 months of your mortgage (the initial period). During that period you’ll be charged £1,083.51 a month. After that, you’ll switch to the Virgin Money’s standard variable rate (SVR) of 8.24%
Own New 5% Exclusive 2 Year Fixed £995 Fee Purchase £250 Cashback [dev only]
Standard variable rate 8.24% | Lender arrangement fee £995.00 | Total fees £1,295.00 | Early repayment charge applies until 01-Feb-2027
Your rate of 1.34% will last for the first 25 months of your mortgage (the initial period). During that period you’ll be charged £985.06 a month. After that, you’ll switch to the Virgin Money’s standard variable rate (SVR) of 8.24%
The lenders shown are for illustration purposes only. Due to the complexity of Fostering Income to get an accurate affordability and an indication of which lender best meets your needs please book an appointment with our Fostering Team who will be able to assess your circumstances in full.
Why choose The Mortgage Brain?
No broker fees
Free independent mortgage advice
Access to the latest rates
Exclusive deals
The preferred mortgage broker of Barratt Homes
What our customers have to say...
Are you ready to secure your new-build home mortgage deal?
Connect with one of our expert Foster Carer mortgage advisers to discuss the right new build home mortgage for you. Click below to book a 30 minute, no obligation, appointment.
The Mortgage Brain is a trading style of Elmco Ltd which is authorised and regulated by the Financial Conduct Authority (FCA). Our Financial Services Registration number is: 445887. ©The Mortgage Brain 2013 – Registered in England No 04821075, HATS Gloucester Ltd, 48 Hucclecote Road, Gloucester, GL3 3RS.
We do not charge a fee for a mortgage consultation. There may be a fee for arranging your mortgage. The precise amount depends on your circumstances. However, it will be no more than £495 or 1% of the advance-whichever is greater. Your home may be repossessed if you do not keep up repayments on your mortgage The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. www.fca.org.uk