We’ve just launched a highly informative online video to explain the facts of Help to Buy mortgages to our customers at the start of their journey with The Mortgage Brain. We’ve helped hundreds of buyers to secure a Help to Buy mortgage on a brand new home and our punchy new video clearly explains how with a minimum deposit of 5% the government will lend up to 20% (or 40% in London) of the value of a new build home through an equity loan. The buyer then secures a mortgage for up to 75% of the purchase price for properties for sale for up to £600,000, which is where we step in! The good news is that the government loan is interest-free for the first five years and can be repaid at any time or through the sale of the property – making the scheme ideal for first-time-buyers and those with limited deposits.
Clear graphics with a marching sound track lead buyers through the current Help to Buy scheme available until 2021, when a new scheme takes over. Click below to watch and new home buyers can speak to one of our Help to Buy mortgage team on 0333 340 8888 to apply.