Gibbs Gillespie understands the Help to Buy scheme and can give you the advice you need to make it happen for you — you might be closer to your dream of home ownership than you think.
The government’s Help to Buy scheme does exactly what it says: it helps people buy a home even if they don’t have the full deposit.
Help to Buy is a government-backed scheme to encourage home ownership among groups that may not be able to afford the full deposit or mortgage payments.
Under Shared Ownership, you can buy as little as 25% of a property or as much as 75%, and pay rent on the rest that you don’t own.
It’s not only a smart way to get on the property ladder but also helps start investing your time and money in your place.It’s a smart way to get on the property ladder and start investing your time and money in your own place.
Help to Buy Equity Loan
If you are worried about deposits, you can relax:
A Help to Buy Equity Loan makes up the difference that you need, so you could potentially buy your home with just 5% deposit.
Here at Gibbs Gillespie, we think Help to Buy is an excellent a great way for people to get on, or get back on, the property ladder, and we can provide you with the guidance you need to secure your shared ownership or equity loan.
Just ask in your local branch or through our website for details.