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Help to Buy (Mortgage Guarantee Scheme)
Comments
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It doesn't.
You get one or the other.
Equity loan on newbuild now
or
Mortgage guarantee, 95% on second hand from 1/1/2014.
Orbit is the HCA Homebuy Agent for my area.
http://www.orbithomebuyagents.co.uk/main.cfm?type=HELPTOBUY2I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
kingstreet wrote: »It doesn't.
You get one or the other.
Equity loan on newbuild now
or
Mortgage guarantee, 95% on second hand from 1/1/2014.
Orbit is the HCA Homebuy Agent for my area.
http://www.orbithomebuyagents.co.uk/main.cfm?type=HELPTOBUY2
There is no 20% loan to pay back on the jan 2014 scheme, its a simple 95% which the goverment guarantees?0 -
Yep. Spot on.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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