Help to Buy Mortgage Advice in Sheffield
Across All Schemes
The key to obtaining any mortgage, especially with a government Help to Buy scheme in play, is determining eligibility for said mortgage scheme and matching up to lender criteria. And, when there are many different schemes available to you, it can be hard to know what is the difference between one and what is the criteria for each one.
This is the benefit of taking out Help to Buy mortgage advice in Sheffield, we will be able to take on the latter and help you match up to the most appropriate mortgage lender.
Help to Buy Schemes in Sheffield – Do you qualify?
A trusted and greatly experienced mortgage broker in Sheffield, like us, will be able to help you find out whether or not you qualify for a Help to Buy Scheme in Sheffield before you apply for one.
Our amazing Help to Buy Mortgage Advisors in Sheffield will recommend your best option based on your personal situation, matching you up to various different lender’s criteria, seeing where you match up and have the best chance of success whilst staying relatively close to what you were looking to do.
Help to Buy in Sheffield – Shared Ownership
A popular choice when it comes to Help to Buy is the Shared Ownership scheme. You’ll usually be able to buy between 25% and 75% of a home and pay the rest as a rental fee. In some cases and depending on the property, you may be able to purchase as little as 10%.
If you feel that you don’t quite have the ability to afford the mortgage on 100% of a home, Help to Buy: Shared Ownership offers you the chance to buy a share of your home (usually between 25% and 75% of the home’s value) and pay rent on the remaining share. Later on, you could put money into bigger shares when you are able to afford to do so.
As your expert mortgage broker in Sheffield, we are able to provide useful Help to Buy mortgage advice across all the different schemes available to applying first time home buyers. Find out more information about Help to Buy schemes available to you and the most common Help to Buy mortgage scenarios below in our commonly asked questions section.
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