The Government has created help to buy schemes including a Help to Buy Equity Loan - this is a government sponsored affordable housing initiative available to first time buyers and homeowners wanting to move and buy a newly built house costing less than £600,000.
You'll initially need a 5% cash deposit and the Government will lend you up to 20% towards the rest of the deposit, meaning a 75% mortgage is needed to make up the rest.
The government website help to buy explains how it works. By clicking on the above link you are now leaving the Dorset Financial Planning website. We give no endorsement and accept no responsiblity for the accuracy or content of any sites linked to this site.
Call Julia today on 07862 708429 for a no-obligation chat about your mortgage and get set on the right path to home ownership.
A mortgage is a loan secured against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.