Maybe you have some savings but, not enough to purchase your home outright.
Obviously there are mortgages available but, there are other schemes that are available to help you get your foot on the property ladder that work alongside the lenders.
Shared Ownership or Shared Equity.
Maybe you have some savings but not enough to purchase outright so sometimes a shared ownership agreement could be for you! This is where you own for example 25% of the property and you pay a reduced rent on the rest – called occupancy payment and after a year you can purchase more of the property (although you don’t have to) until you own the whole thing. Contact our Mortgage Experts to find out more!
Help to buy.
Help to buy is a government led scheme in which the Scottish government can give you up to 15% of the purchase price of a new build home. It is available to first time buyers and existing home owners. The purchase price of the new build home cannot exceed £200,000. To find out more visit: www.mygov.scot/help-to-buy/
There are a range of lenders that work in combination with the Help to Buy scheme and our team of mortgage advisors are experts in securing finance with them. Why not call our dedicated team today to see if you’re eligible and we can guide you step by step through the process! Call us today on: 01738 44 43 42.