Help to Buy 2

A clear choice for Financial Advice.

The Help to Buy mortgage guarantee scheme will be available up to 31st December 2016.

Help to Buy 2 enables lenders to provide mortgages with more confidence to borrowers with a 5% deposit.

It applies to all types of properties with a purchase price up to £600,000, first-time buyers, home movers and remortgagers who do not own any other property.

A mortgage supported by Help to Buy 2 works in exactly the same way as any other mortgage from the purchaser’s perspective.

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how-it-works---mortgage-guarantee

In order to apply for Help 2 Buy you must not own any other property, the mortgage must be a repayments mortgage and the maximum purchase price is £600,000.

 

 

Your property may be repossessed if you do not keep up repayments on your mortgage.

For mortgages, we can charge a fee of £295, commission from the lender or a combination of both.