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Help to buy equity loan for exsiting homeowners
Boredatwrork
Posts: 2,068 Forumite
Does this scheme still exist.
We are a home owner wanting to upgrade and would like to take advantage of the extra government borrowing, is this possible or is it purely for first time buyers? And if so any idea as to which lenders allow it.
We are 20k under our borrowing for the house we are after, the scheme would allow us to afford it. Is this an option?
We are a home owner wanting to upgrade and would like to take advantage of the extra government borrowing, is this possible or is it purely for first time buyers? And if so any idea as to which lenders allow it.
We are 20k under our borrowing for the house we are after, the scheme would allow us to afford it. Is this an option?
0
Comments
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It's newbuild purchases only.
It isn't restricted to FTBs, nor has it ever been.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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