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Help To Buy query
GandalsStaff
Posts: 15 Forumite
Hi all
I was wondering if you could offer some advice on teh Help to buy scheme. I was wondering how easy it is to get one from a bank?
I am just about to pay off all my debt (£8000) in a lump sum from an investment return and i will be left with about £25,000 - £30,000. After u pay the debt off i will be cancelling/reducing it so the maximum possible overdraft/credit card debt will be £2,000.
I don't have any missed payments on my account in the last 3 years but i had an issue with Three who put me in default when i was on a monthly revolving mobile internet (contract was 1 year and after the 1 year it was revolving until i notified them to cancel). That was paid and settled about 3 years ago.
The house value i am looking for is Maximum of £150,000.
I was wondering if you could offer some advice on teh Help to buy scheme. I was wondering how easy it is to get one from a bank?
I am just about to pay off all my debt (£8000) in a lump sum from an investment return and i will be left with about £25,000 - £30,000. After u pay the debt off i will be cancelling/reducing it so the maximum possible overdraft/credit card debt will be £2,000.
I don't have any missed payments on my account in the last 3 years but i had an issue with Three who put me in default when i was on a monthly revolving mobile internet (contract was 1 year and after the 1 year it was revolving until i notified them to cancel). That was paid and settled about 3 years ago.
The house value i am looking for is Maximum of £150,000.
0
Comments
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Are you looking for the Help to Buy Equity Loan or Mortgage Guarantee scheme? Either way, speak with a broker they will be able to look at your incoming and outgoings as well as your credit history to work out what is possible0
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Bit difficult to answer this question with the information provided.
A bit like asking a tailor to make you a suit without their knowing your measurements.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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