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Help to Buy
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olympicsmummy
Posts: 62 Forumite
Hi all
I've researched this for days but can't find the answer. I know that help to buy is generally marketed at people who only have a 5% deposit. Does anyone know if it is available for someone who has a 50% deposit? (I have a £90 000 deposit but my income is only £12 000). I have an offer of a mortgage of £70 000. I just need a little extra to afford something in my area. Is help to buy available for people like me with a large deposit but low income as opposed to a low deposit but good income??
I've researched this for days but can't find the answer. I know that help to buy is generally marketed at people who only have a 5% deposit. Does anyone know if it is available for someone who has a 50% deposit? (I have a £90 000 deposit but my income is only £12 000). I have an offer of a mortgage of £70 000. I just need a little extra to afford something in my area. Is help to buy available for people like me with a large deposit but low income as opposed to a low deposit but good income??
0
Comments
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help to buy equity loan is
mortgage guaranty is not
equity loan is only on new builds0 -
You've posted the same question in two different forums. On your other post you say you have a £70k deposit.
You've been given lots of advice, which you have not responded to. Whilst you only have to get a mortgage of 25% on Help to Buy Equity Loan, you will struggle to find/afford a mortgage at the level you want.0
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