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Help to buy question
frank3030
Posts: 23 Forumite
I have had an iva in the past completed over 3 years ago. Would it be possible to get a mortgage with help to buy on a new property.I believe the government put 20% loan and I put 5% would I be able to put more than 5% or is maximum deposit 25%.
Advice would be greatly appreciated.
Advice would be greatly appreciated.
0
Comments
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That would depend on if you can pass the credit score with one of the lenders affiliated with the HTB scheme. You can put down more deposit than the minimum.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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Which lenders are currently with help to buy scheme?. Do you think it would be worth trying with a 30% deposit or would it be a waste of time trying.0
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Halifax, NatWest, Nationwide, Barclays, Chorley Building Society, Santander, Teachers Building Society, Dudley Building Society (one broker only).
Absolutely no idea what your chances might be. You need to establish if your circumstances will qualify you for HTB and if so, whether you'll qualify for 10% or 20%.
Talk to builder or your local HCA HomeBuy Agent which will have the say over your application.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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