I’m struggling – risk of losing my capital as margin call looms…

MattMattMattUK

@MarkK73
It was not the HTB ISA that I was thinking of, but the Help to Buy scheme, so if you put down 5% they will put down 20% and you only need a mortgage for 70%. If you have enough to reach 5% then it may be worth acting now, depending on your circumstances, but only you will know if that works for you. 

MarkK73

MattMattMattUK said:

@MarkK73
It was not the HTB ISA that I was thinking of, but the Help to Buy scheme, so if you put down 5% they will put down 20% and you only need a mortgage for 70%. If you have enough to reach 5% then it may be worth acting now, depending on your circumstances, but only you will know if that works for you. 

Fabulous Matt - I did not know about that. Sounds ideal on the face of it. I will go and check it out now! Thanks everso again - this could be a proper silver lining!

MattMattMattUK

There is the link, it only applies to new builds, but it is certainly something worth considering.
https://www.helptobuy.gov.uk/

silvercar

MattMattMattUK said:

There is the link, it only applies to new builds, but it is certainly something worth considering.
https://www.helptobuy.gov.uk/

Bear in mind that the new builds are often over priced just because the builders know that your choice is limited if you want to use the HTB scheme.

MarkK73

silvercar said:

MattMattMattUK said:

There is the link, it only applies to new builds, but it is certainly something worth...

Bear in mind that the new builds are often over priced just because the builders know that your choice is limited if you want to use the HTB scheme.

Thanks, silver car - I will make sure I compare new build with the market prices for comparable “old build”...