Help to Buy Scheme
The Government has created the Help to Buy schemes to help enable you to buy your own home and we have specialists to guide you.
Help to Buy includes: Equity Loan which is available for new build properties only. How does it work? The Government essentially gives a loan of 20% (or 40% in the London Help to buy scheme) to help contribute towards your new home and you will need to contribute the other 5% for at least a 75% mortgage.
In addition to equity loan, the Government have rolled out the Help to Buy ISAs scheme, however, the ISA only benefits first time buyers only and takes your savings into account.
Using the Help to Buy scheme, while useful, comes with a considerable amount of administration and documents that must be submitted correctly and in a timely manner in order to minimise delays in the transaction.
Our new build team are experienced in working closely with Help to Buy and the HomeBuy Agent. Therefore, along with our extensive knowledge on the Help to Buy schemes, we are able to guide you smoothly through the process and help to ease the stress of buying your new home via the schemes.
Other areas of conveyancing we specialise in:
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