We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
I’m struggling – risk of losing my capital as margin call looms…
Comments
-
@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.2 -
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 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.0 -
There is the link, it only applies to new builds, but it is certainly something worth considering.
https://www.helptobuy.gov.uk/
1 -
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.MattMattMattUK said:There is the link, it only applies to new builds, but it is certainly something worth considering.
https://www.helptobuy.gov.uk/I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.2 -
Thanks, silver car - I will make sure I compare new build with the market prices for comparable “old build”...silvercar said:
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.MattMattMattUK said:There is the link, it only applies to new builds, but it is certainly something worth...0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards