Your Monthly Mortgage Update – March 2025
Dear Reader, I hope this blog finds you well. As part of my commitment to
In England, both schemes apply to homes costing up to £600,000.
In Northern Ireland there is a different equity loans scheme.
In Scotland the maximum threshold depends on the value of the property and when your application is completed.
In Wales, both schemes apply to homes costing up to £300,000.
Help to Buy Mortgages
With this in mind, the advent of the Help to Buy (HTB) mortgage was created. With a Help to Buy mortgage not only do you need a much smaller deposit (typically 5%) but you will also be armed with a government backed equity loan of the value anywhere up to 20% of the purchase price of the property.
For example. If you are purchasing a brand new home for £200,000, you would only need a £10,000 deposit and have a government backed deposit of up to £40,000. This means a mortgage of only £150,000 would be needed to get your dream property.
This in a lot of cases would be otherwise unattainable but the Help to Buy mortgage allows clients to realise their mortgage dreams without having to pay over the odds for it.
We will help you find the best Help to Buy mortgage from our range of over 12,000 mortgage products. The scheme differs slightly North and South of the border, however, we will help you with the finer details and our expert team will talk you through the process so you are in full control.
Our friendly expert mortgage team will talk you through your options from helping you understand your maximum mortgage amount to assisting you with your Help to Buy application. We will even liaise with the lenders and solicitors on your behalf so you can sit back, relax and let us find the most suitable mortgage product.
get in touch
STISI GROUP
Stisi Group is a trading name of Clear Mortgage Solutions Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau Limited (Derby) Limited who are authorised and regulated by the Financial Conduct Authority.
Clear Mortgage Solutions Limited. Registered Office: 114 Centrum House,
Dundas Street,Dunbar
, EH3 5DQ. Registered in Scotland Number: SC463175.
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LATEST NEWS
Dear Reader, I hope this blog finds you well. As part of my commitment to
We are thrilled to announce that our business has been named “Mortgage Advisers of
Tel: 0131 510 1240
Email: [email protected]
Address: 52 Wilson Place,
Dunbar,
Scotland,
EH42 1GG
