Homebuy Direct - a new form of funding for first time buyers only
First time buyers with a household income of under £60,000 can now borrow up to 30% of the market value of their new home from the government interest free.
This initiative, together with a 12 month hold on stamp duty for properties under £175,000 (saving you up to £1,750) make this a better time than ever to get on the housing ladder.
Make sure you take advantage of Homebuy Direct before funds run out by registering with us now. click here
What you can borrow is governed by your credit rating and therefore we provide a mortgage offer in principle service which you can access via the mouse at the top of this page. Through this service we can have funds agreed in principle and ready for you to borrow within 48 hours.
As the first time buyers property market is the most competitive sector we always recommend that our first time buyers allows us to arrange a mortgage offer in principle for them prior to them going property hunting. A buyers putting in an offer on a property, with mortgage funds in place, are far more likely to be considered than one who currently has 'empty pockets'.
We have access to funds for those making use of the affordable housing schemes such as Shared Ownership, Homebuy or Key Workers Initiative. If you are considering that market, a good source of information is www.home-buy.info.
To
get more of a feel for what is involved in buying a home you may wish
to download our free first time buyers
guide.
To request a mortgage
offer in principle and a full assessment of your borrowing potential
please click on the mouse at the top of this page.





