Help to Buy
There are two Help to Buy Equity Schemes, the original scheme was introduced in 2013 and featured:
20% Equity Loan from the government and minimum 5% deposit from the Buyer.
The next incarnation of the scheme was introduced specifically for the London market due to the higher property prices and increased the Equity loan available from the government to 40%.
Prudell has helped numerous clients onto the property market through the London Help to Buy Scheme.
What is Help to Buy London?
The Help to Buy London scheme is an equity loan provided by the Government.
Available for New Build Properties up to the value of £600,000.
The Government will lend you up to 40% of the cost of the new build home.
You will need a minimum 5% deposit.
The mortgage makes up the remaining 55%.
The amount of the Help to Buy Equity loan utilised can be less depending upon your circumstances.
Your Prudell adviser will assist in assessing your eligibility and in finding you the most suitable mortgage to suit your circumstances. Our serivce does not stop there, we will also help by completing relevant forms from both Help to Buy and the housing developer as well as project managing your mortgage through to completion.
For more details on how Prudell can help you please call us on 0207 328 3280
Alternatively complete the form below and one of our advisers will contact you to discuss your options.
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