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Help to Buy: Mortgage Guarantee

The Help to Buy mortgage guarantee scheme works the same way as any other mortgage, but the government offers the mortgage lenders an option to purchase a guarantee on the loan.

HelptoBuy

As a result, lenders who have chosen to take part are able to offer loans to customers at a higher loan to value – up to 95%.

Help to Buy: mortgage guarantee could be the right option for anyone looking to buy a home (and not a new build) with only a small deposit available.

Example (Source: http://www.helptobuy.org.uk/):

help to buy mortgage guarantee

 

At Mortgage & Money Management we can discuss whether this is the right option for you. Please contact us for more details.

Speak With One Of Our Advisers

For any further information please feel free to contact us either by telephone, email or via contact us on our website. You will receive a response within 24 hours of your enquiry.

Call 01920 821333Or enquire here