There are many Government Schemes currently available to help First Time Buyers get onto the property ladder. I have briefly explained these below and provided the link to the appropriate page on the Government website. I can arrange mortgages suitable for these schemes and will be happy to talk these through;

Shared Ownership

When you buy a home through a shared ownership scheme you buy a share of the property and pay rent on the rest. The share you can buy is usually between 25% and 75%.

You my eligible for a shared ownership scheme if your household earns £80,000 a year or less (£90,000 a year or less in London) and you cannot afford all of the deposit and mortgage payments for a home that meets your needs.

You will be able to buy additional shares in the future, up to 100% ownership, and this is called staircasing.

Full details of the scheme can be found on the link below;

https://www.gov.uk/affordable-home-ownership-schemes/shared-ownership-scheme *

*Please be aware that by clicking onto the above link you are leaving the Homebird Mortgages website. Please note that neither Homebird Mortgages nor (the Network) are responsible for the accuracy of the information contained within the linked site accessible from this page.

Right to Buy

The Right to Buy scheme allows most council tenants to buy their council home at a discount.

https://www.gov.uk/right-to-buy-buying-your-council-home *

*Please be aware that by clicking onto the above link you are leaving the Homebird Mortgages website. Please note that neither Homebird Mortgages nor (the Network) are responsible for the accuracy of the information contained within the linked site accessible from this page.

Neither Homebird Mortgage Services or PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked sites