Help to buy schemes
Amulet Mortgages has been working with an extensive range of developers with the Help to Buy scheme since it’s launch in 2013. We pride ourselves on being able to give the best impartial advice when it comes to deciding whether help to buy is the right option for you.
How does the Help to Buy scheme work?
With a Help to Buy Equity Loan the Government lends you up to 20% of the cost of your newly built home so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
For more information or to find out if this is the right option for you please get in touch and we will be more than happy to talk you through your options.
Your home may be repossessed if you do not keep up repayments on your mortgage.