The Government-backed new 2021-2023 Help to Buy Equity Loan Scheme is available for first-time buyers* on plots with a sales price of a maximum of £437,600, subject to terms and conditions. Help to Buy eligible applicants will be offered an equity loan of up to 20% of the purchase price (based on open market value). The registered provider will hold a 2nd charge on the property. Applicants are required to fund 80% of the purchase price by means of a conventional mortgage, savings and deposit. And must obtain their conventional mortgage from a qualified lending institution.
Click here for further information: https://www.ownyourhome.gov.uk/scheme/help-to-buy-2021-2023/
*Easy Move and Part Exchange are subject to criteria, terms and conditions and are facilitated by Moving Made Easy.
To help our customers buy their new home we have a number of panel partners who are familiar with our reservation requirements and timescales, and can offer you the additional peace of mind in working with you to secure the new home.