The Help to Buy mortgage scheme is boosting home purchases.
Since the launch of the Help to Buy mortgage scheme earlier in the year, 10,000 reservations have so far been made on new build property.
Thanks to the scheme 10,000 more buyers have been able to buy a home, buyers who might have previously struggled to get the required deposit together for an affordable mortgage.
It is anticipated that as Help to Buy mortgages are opened up on all types of property and not just new build at the start of next year, the property market could really get moving. Therefore before prices price further you might want to think about purchasing your new home sooner rather than later.
Rates for Help to Buy are competitive as lenders are able to quote mortgages for 75% LTV and not 95% LTV, and so far the scheme has proved a success. It is hoped that Help to Buy will help thousands more climb on the property ladder.
Various lenders are offering Help to Buy mortgage products, if you have a 5% deposit and are looking for a new build home call Deal Direct for advice and a review of all lenders Help to Buy deals.
As we are an independent 'whole of market' mortgage broker we have access to the mortgage market UK wide. In addition to the deals advertised on line, we also have access to mortgage 'exclusives' offered by lenders not advertised. These exclusives are only available by calling an adviser.
A call to Deal Direct can help you climb on the property ladder, move to a new home or remortgage.
Call for advice and a low rate quote.
0800 048 8828.
