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10% deposit, cant afford large mortage, what scheme?!

gauly14
gauly14 Posts: 1 Newbie
in Mortgages & endowments
I have a 10,000 deposit, and recently deposited 1,200 into the help to buy ISA, but can only borrow around 70,000. Looking to buy a small new build house. What is the best help to buy scheme for me? Equity loan? Shared ownership? Apply for a starter home? HELP! its all too confusing.

:money:

Comments

  • Caz3121
    Caz3121 Posts: 15,840 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    too much information missing
    what country are you in...Scotland, England etc?
    what price range of properties are you looking at?
    If up to £100k maybe helptobuy?
    info on some schemes here
    https://www.helptobuy.gov.uk
    need to consider what happens in the future when the loan needs to be repaid
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