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Help to Buy Equity Loan Mortgage Lenders
millie1985
Posts: 22 Forumite
Hello,
I know the best advice is to go with a broker...but so far I seem to have one who is pretty clueless...
Is there a list anywhere of all of the mortgage lenders which offer HTB Equity Loan products - I can find one for the Mortgage Guarantee lenders!
Thanks,
Millie
I know the best advice is to go with a broker...but so far I seem to have one who is pretty clueless...
Is there a list anywhere of all of the mortgage lenders which offer HTB Equity Loan products - I can find one for the Mortgage Guarantee lenders!
Thanks,
Millie
0
Comments
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Because there isn't one probably.
Why do you think such a list will be useful to you? H2BMG status does not directly affect you as the borrower.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 -
The money supermarket website has a list on (apologies I'm not allowed to post a direct link to the page!).
I know for certain the below do:
Natwest
Halifax
Santander
Skipton BS
Accord
Precise
Aldermore0 -
Accord?
Since when has any YBS Group member offered shared equity products?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 -
Not sure mate, that's what my mortgage advisor said when he listed the lenders to us when we started our application process (unless I misheard).
Nationwide were also on the list, along with a couple of other building societies.
We've had a nightmare with acceptable incentives so make sure you do some research on acceptable incentives with the lenders before making a final agreement with the builder!0 -
Yes. You need to ensure you pick the right lender for HTB Equity Loan and the level of builder cash incentives you have agreed.
As many (HTB EL) lenders don't accept them, or limit what they will accept, it is essential you match the right lender to the right reservation.
Accord does not offer shared equity products, so no HTB Equity Loan applications.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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