Help To Buy Scheme – I need help understanding the Help to Buy scheme and how it can assist in purchasing a home with a low deposit.
2
Answered: July 21, 2023
The Help to Buy scheme is a government initiative designed to help first-time buyers purchase a home with just a 5% deposit. It allows you to borrow up to 20% of the purchase price (40% in London) interest-free, making it easier to secure a mortgage.
0 #1
Answered: July 21, 2023
This scheme is available to eligible individuals who want to buy a new-build property. By providing financial assistance, the government aims to make homeownership more accessible, especially to those who may struggle to save a larger deposit. With the Help to Buy scheme, you can take that important first step onto the property ladder.
0 #2
Leave a Reply