Help to Buy Mortgages in Edinburgh

Summerside Independent Ltdnow offer advice on help to buy mortgages. Help to Buy Scotland came into force after it was initially launched down south earlier this year. Scotland will get its version of the help to buy scheme as of Monday 30/09/2013.

Those applying for the new help to buy scheme need to meet the following criteria in order to qualify for the scheme

Maximum purchase price is £400,000
The Equity Loan is interest free for the term of the mortgage
The Help to Buy (Scotland) Shared Equity scheme is available to all home buyers, including first time buyers and home movers purchasing a New Build property in Scotland
The property being purchased must be the clients main residence and not a second home or Buy to Let property
Clients must not own another home at the time of purchase
Properties which have been previously occupied either by an owner occupier or a tenant before sale may not be purchased with Help to Buy assistance
Properties subject to a Section 106 agreement are not eligible.
This new scheme is another welcome addition to the mortgage market and hopefully will help both first time buyers and home movers. If you are interested in discussing the new help to buy scheme please get in touch with Summerside Independent Ltdnow.

So If you are a looking for help to buy and require a mortgage it is important that you obtain sound professional advice, this is why Summerside Independent Ltdare the ideal Mortgage Brokers for you. For information and mortgage advice you can trust from a local Edinburgh based mortgage broker please call us on 0131 660 5934 or fill out our quick and easy enquiry form where one of our friendly member of staff will be happy to answer any questions you may have.

Your home may be repossessed if you do not keep up repayments on your mortgage;

Summerside Independent Ltd is authorised and regulated by the Financial Conduct Authority. FCA number 446821. Registered in Scotland No SC 228638 Registered Office: 700 Old Dalkeith Road Sheriffhall By Dalkeith, Edinburgh, EH22 1RT, UNITED KINGDOM

The guidance contained within the website is subject to the UK regulatory regime and is primarily targeted at customers in the UK