If you are looking to buy a house then you’ve come to the right place, I can save you on repayments by giving financial advice on the suitable mortgages available to you.
These mortgages were designed to help people who cannot afford to buy a property outright get onto the property ladder, they allow borrowers to buy a share in a property – usually 25-75%.
Shared equity works by providing the buyer with a loan which will form part of the deposit for the property you want to buy. Then, you take out a shared equity mortgage on the remaining part of the property’s value.
If you are looking at buying a property to let, your mortgage is the most important consideration. You cannot take out a standard residential loan, but many banks and building societies offer buy-to-let mortgages, specifically for landlords.
It is normal for the initial deposits required to be 25% or higher, but this is not always the case, we will endeavour to find the right mortgage for you.
*Not all Buy to Let mortgages are regulated by the Financial Conduct Authority.