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

A fee of between £200 and £1,250 (with half payable as a non-refundable fact finding and research fee and half payable upon receipt of a formal mortgage offer). The total fee will be based on your personal circumstances, credit history and the complexity of your case. We will of course provide you with written confirmation of your fee prior to the commencement of any chargeable activity. We will also receive commission from the lender.

The government has put in place a number of schemes to support house purchasers, such as Help to Buy.

The Help to Buy mortgage guarantee scheme helps you buy a home with a deposit of 5% of the purchase price. It’s open to both first-time buyers and home movers for new-build and older homes in the UK, with a purchase price up to £600,000.

The guarantee is provided to your mortgage lender by the government - not to you.

Eligibility

To qualify for a mortgage guarantee, the home you want to buy must:

  • have a purchase price of £600,000 or less
  • not be a shared ownership or shared equity purchase
  • not be a second home
  • not be rented out after you buy it

The property doesn’t have to be newly built.

You don’t have to be a first-time buyer and there’s no limit on your level of income. But you can’t use Help to Buy with any other publicly funded mortgage scheme, or an interest-only mortgage.

For details of other government home ownership schemes, please visit https://www.gov.uk/affordable-home-ownership-schemes/overview

Contains public sector information licensed under the Open Government Licence v2.0.