NatWest raises its accepted Help to Buy builder incentives.
NatWest Intermediary Solutions has announced that for new build properties bought through the Help to Buy scheme, it will accept builders' financial incentives of up to 5%.
This is an increase from 2% to 5%, the lender has announced that financial incentives such as the Stamp Duty payment, cashback and legal fees can be included in the 5% incentive allowance.
The Help to Buy shared equity scheme has been a popular route for homebuyers looking to climb on the property ladder and purchase their first new build home.
If you would like to find out what the scheme has to offer call one of our advisers at Deal Direct. We can compare Help to Buy mortgages against other first time buyer, low rate mortgages offered in the wider market.
As a ‘whole of market’ broker we can check every lenders’, range throughout the UK to ensure you end up with the best deal for your deposit level.