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The Help to Buy Scheme is a popular mortgage scheme that we regularly come across when working with first time buyers in Coventry who need a bit of help.
When you enlist the help of a dedicated mortgage advisor in Coventry, you will benefit from the many years of experience we have of helping customers in getting over as many hurdles as possible, enjoying as stress-free of a service as we can provide.
One of our trusted and hard working mortgage advice team will be on hand to offer help and support throughout your whole mortgage process, making sure that you always know what is going on.
Your designated mortgage advisor in Coventry will always be there on the end of the phone to help you out if you need them, aiming to give you a more in-depth understanding of the Help to Buy Scheme that you are about to undertake. We will always have the best interests of the customer at heart.
Having a mortgage broker in Coventry working by your side can be an incredibly beneficial thing to have, especially when you encounter hurdles that require some much needed guidance and support during your mortgage journey.
If you’re searching for a mortgage and have a small deposit, the Help to Buy program can provide you with several options. These options comprise the Mortgage Guarantee Scheme, Shared Ownership, First-Homes Scheme, and the Lifetime ISA. To learn more about these alternatives and get all of your Help to Buy-related questions answered, you can consult with our mortgage advisors in Coventry.
To help individuals acquire a mortgage with a small deposit, the Help to Buy program provides several schemes such as Shared Ownership, First Homes Scheme, Lifetime ISA, and the Mortgage Guarantee Scheme. Our mortgage advisors in Coventry can provide you with further information about these schemes, and answer any concerns or questions you may have about the Help to Buy program.
One of the most popular ways to utilise Help to Buy in Coventry, is by using the Shared Ownership Scheme.
With this scheme, you typically purchase a share of the property, usually between 25% and 75%, and pay rent on the rest. In some cases, you may be able to purchase as little as 10%.
This scheme is ideal for those who can’t quite afford a 100% mortgage and are looking for a more affordable way to get onto the property ladder in Coventry.
As your mortgage advisors in Coventry we have worked with many Shared Ownership applicants and have seen that many buyers choose to increase their share of the property down the line.
This is usually once they have settled into their new home, gained an extra source of income or received a pay increase, which allows them to afford a larger share.
We understand that the process of buying a home can be daunting, and that’s why we offer expert advice on all of the Help to Buy Schemes, including the most common Help to Buy mortgage scenarios.
Whether you’re a first time buyer in Coventry or a current homeowner looking to move up the property ladder, our team of mortgage advisors in Coventry can help guide you through the process of choosing the right Help to Buy Scheme for your needs.
We pride ourselves on providing transparent, honest, and up-to-date advice to ensure that our clients can make informed decisions about their mortgage.
By taking out a mortgage using the Help to Buy Shared Ownership Scheme, you can instead opt to buy a share in a property. Typically this percentage is between 25% and 75%, however, on some occasions, a mortgage lender may let you purchase as low as 10%. The remaining amount is paid back to your local authority as a rental charge.
If you are not quite able to afford the mortgage on 100% of a home, a Help to Buy in Coventry using Shared Ownership allows you the chance to buy a share of your home, rather than the full cost. At a later date, if you come into some further income, you may be able to increase your shares until you own the full amount.
As an expert, reputable mortgage broker in Coventry, we are able to provide our customers with mortgage advice in Coventry for a Help to Buy in Coventry, regardless of which scheme. Book a free mortgage appointment today and we’ll see how we are able to help. For more information, feel free to navigate across to our shared ownership page.
Our Customers Love Us
5.00 Rating37 Reviews
K
Excellent service and guidance all the way through the process. Leo and Lizzi were very helpful in finding me the right product.
4 months ago
Diane
Very professional and kept me informed throughout the process of securing our equity release. I would recommend them especially for those who are a little unsure of how equity release works and if it's right for them
6 months ago
Diane
Very helpful, easy to get hold of when needed! Able to answer all my questions
10 months ago
Ajay
Made the process easy and understandable, presented all possible options and advised on what would be best suited for us. Always available to answer any queries or resolve any issues that arise. Would definitely use again in the future.
1 year ago
Luke
Incredibly quick, concise and professional. Regularly kept in he loop and gained all the knowledge required to be able to buy a property. Couldn't of asked for anything more and I can't thank them enough for all the help received.
1 year ago
Carol
Friendly efficient service, took their time to explain the procedure etc, I would definitely recommend them.
1 year ago
Joshua
Leo is always a pleasure to talk to. Very friendly and knowledgeable, and allows us to ask questions, no matter if we’ve asked before orbits really obvious
1 year ago
Gurjeet
Really helpful and clear.
2 years ago
Gemma
From first discussions with Tom to being passed over to Lyndsey, the whole process was easy and seamless. Everyone I have dealt with at Moneyman have been really helpful and friendly, which has helped take the stress out of applying for a...
2 years ago
Matthew
Jenny has been extremely helpful throughout the process and resolved any issues quickly. Thanks!
2 years ago
Susan
Very good service over the moon Wayne and Megan no there stuff
2 years ago
Dean
4 weeks and got my offer very good service from Wayne and Megan can not fault them
2 years ago
Anonymous
Great service
3 years ago
karan
Fantastic service. From start to finish I had everything clearly explained and the broker always had my best interest in mind. I highly recommend for first time buyers!
3 years ago
Anonymous
The service provided is personal and efficient. The team are willing to help and will try hard to meet tough timings to support an application. Would recommend
3 years ago
Thomas
Brilliant! Really helpful, did everything for us, explained the process clearly and made it all so easy! We wouldn't have gotten a mortgage without them!
3 years ago
Joshua
Really friendly advisors who are happy to answer any questions. Leo walked us through the entire process, and was happy to go over things to make sure we fully understood and were happy with everything.
3 years ago
Manpreet
Helen was really warm and friendly.
3 years ago
Hannah
Very helpful, very polite and knowledgeable! Would recommend to anybody
3 years ago
Mark
Charlie was thorough and informative. What we really liked is that he always asked if we understood what he was saying and would ask if we had any questions
3 years ago
We understand that your mortgage is a significant investment, and our mortgage advisor in Coventry will review your income and expenses during your appointment to determine your eligibility and affordability for Help to Buy Schemes in Coventry.
Our team will conduct a thorough search of 1000 mortgage products to find the one that best suits your needs. We will also help you obtain a mortgage agreement in principle, which can help support any offers you make on new builds.
Once your offer is accepted, we will submit your complete mortgage application and supporting documents to the lender. Throughout this process, your dedicated case manager will keep you informed of progress, from the mortgage offer to completion and beyond.
Our service extends beyond securing the best mortgage deal for you. We will recommend relevant insurance options to protect you and your loved ones. Additionally, we will contact you when your mortgage deal is about to end to ensure that you are still on the best possible deal.
During your initial free mortgage appointment, your designated mortgage advisor in Coventry will spend some time with you, looking through all of the figures, so that you have a rough guideline of how much exactly you will be paying per month for your mortgage deal.
As an open and honest mortgage broker in Coventry, we will make sure that we are on hand to help you through every step of the mortgage process. Book your free mortgage appointment today and we’ll look to help you in any way that we can.
If you have already decided that you would like to purchase a property and it is eligible for a Help to Buy in Coventry, we have the ability to take a look at the paperwork with you and even liaise with the home builder or estate agent if you would like us to do so on your behalf.
Additionally to that, we are able to help you to arrange any surveyors or solicitors, providing some advice on the right direction to head in with those and what you may need.
As a fast & friendly mortgage broker in Coventry who has over 20 years of providing top tier mortgage advice in Coventry, we have an in-depth experience and knowledge of a wide variety of mortgage situations.
Being a open and honest mortgage broker in Coventry, we will make sure that we are on hand to help you through every step of the mortgage process. Book your free mortgage appointment today and we’ll look to help you in any way that we can.
We regularly find ourselves helping customers who are looking to take out a Help to Buy in Coventry. Once you have booked online to speak with a dedicated mortgage advisor in Coventry, you’ll have someone working for you, offering guidance and support from your first contact until the end of your process and beyond.
Our team of open, honest, trusted and caring mortgage advisors in Coventry will always work hard to help you across your mortgage journey, reducing your stress levels and making sure you are on the most suitable deal for what you are looking to achieve.
A Help to Buy Shared Ownership deposit is typically much lower than buying in a traditional method.
Book online to speak with a mortgage advisors in Coventry and benefit from a free mortgage appointment.
Before we take a look at helping you to take out a Help to Buy in Coventry, we need to find out whether or not you are able to qualify for the available schemes that first time buyers in Coventry have access to.
If you would like to learn more about the types of schemes that you might be able to utilise, book online to speak with one of our expert Help to Buy mortgage advisors in Coventry.
Remember, you can only use a Help to Buy in Coventry if you are a first time buyer in Coventry. Your own personal circumstances as well as the property in question, will determine your eligibility.
You cannot purchase any other property when you buy a new home with a Help to Buy in Coventry. Also, it is important to remember that subletting and part-exchange is strictly prohibited.
Find out more helpful information about the Help to Buy schemes available to you at Own Your Own Home.
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Coventrymoneyman.com & Coventrymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Coventrymoneyman.com & Coventrymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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