Help to Buy Mortgage Government Scheme - Mortgages NI
0330 0430327
0330 0430327

Help to Buy Mortgages NI !

This scheme is designed to make it easier for people who only have a 5% deposit available to buy a house. The government effectively offers to insure 15% of the value of the property in case the buyer fails to keep up with their repayments and the property is repossessed. This process reduces the risk to the lender.

To be eligible for this scheme you will need to have a 5% deposit and will still be subject to all the lenders credit checks and usual criteria. You will then need to raise a 95% mortgage for the remainder of the purchase.

So who is eligible for the help to buy mortgage scheme ?

People living in England, Wales, Scotland and Northern Ireland.

Buyers with at least a 5% deposit.

First Time Buyers and existing Home Owners other T&C’s apply.

New or old Properties selling for no more than £600,000.

It cannot be used for:

Second Homes.

Property that you intend to rent.

Anyone who is using or going to use another government home buyers scheme.