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Scottish Government FTB Scheme
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MrRedundant
Posts: 722 Forumite
Was looking into this and was wondering if anyone knew of any lenders who would supply a mortgage for such a property without a contribution from the buyer.
I.e Property 100k; Mortgage 70k Scheme 30k.
The scheme is not shared equity as such and the buyer owns 100% of the property. The 30k is in essence a 10 year interest free loan.
I.e Property 100k; Mortgage 70k Scheme 30k.
The scheme is not shared equity as such and the buyer owns 100% of the property. The 30k is in essence a 10 year interest free loan.
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