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First time mortgage , help to buy , large deposit
Electr0n
Posts: 45 Forumite
Looking to get a first time buyers mortgage. I have a large deposit ready to go and was wondering if there is a limit on size of deposit you can have to take advantage of the help to buy scheme ?
For example ...
£300k House
£100k deposit
would help to buy be 20% of the £300k , giving me a mortgage of £140k ?
Cheers
For example ...
£300k House
£100k deposit
would help to buy be 20% of the £300k , giving me a mortgage of £140k ?
Cheers
0
Comments
-
The only requirement is you would need a mortgage of at least 25% to qualify for the HTB Equity Loan so you should be more than fine
0
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