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Help to Buy in Durham
Across All Schemes

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Help to Buy in Durham
Across All Schemes

Mortgage advice for Help to Buy in Durham, across all available schemes.

The Help to Buy Scheme is a popular mortgage scheme that we regularly come across when working with first time buyers in Durham who need a bit of help.

When you enlist the help of a dedicated mortgage advisor in Durham, 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.

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Help to Buy in Durham </br>Across All Schemes

Helping first time buyers onto the property ladder with a Help to Buy in Durham.

Your designated mortgage advisor in Durham 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 Durham 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.

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FAQs about Help to Buy in Durham

Can I access a Help to Buy scheme?

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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 Durham.

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 Durham can provide you with further information about these schemes, and answer any concerns or questions you may have about the Help to Buy program.

What schemes can I access with a Help to Buy mortgage?

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One of the most popular ways to utilise Help to Buy in Durham, 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 Durham.

As your mortgage advisors in Durham 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 Durham or a current homeowner looking to move up the property ladder, our team of mortgage advisors in Durham 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.

What is the shared Ownership scheme?

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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 Durham 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 Durham, we are able to provide our customers with mortgage advice in Durham for a Help to Buy in Durham, 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.

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Our Simple Step by Step Process

Free 30-Minute Mortgage Appointment

Step 1

We understand that your mortgage is a significant investment, and our mortgage advisor in Durham will review your income and expenses during your appointment to determine your eligibility and affordability for Help to Buy Schemes in Durham.

We Can Search 1000s of Mortgage Deals

Step 2

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.

Submit Your Help to Buy Application

Step 3

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.

Protecting You and Your Mortgage

Step 4

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.

Reasons to Choose us

Free Mortgage Appointment

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During your initial free mortgage appointment, your designated mortgage advisor in Durham 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 Durham, 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.

1000's of Deals

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If you have already decided that you would like to purchase a property and it is eligible for a Help to Buy in Durham, 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.

Our Service

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As a fast & friendly mortgage broker in Durham who has over 20 years of providing top tier mortgage advice in Durham, we have an in-depth experience and knowledge of a wide variety of mortgage situations.

Being a open and honest mortgage broker in Durham, 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.

7 Days a Week

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We regularly find ourselves helping customers who are looking to take out a Help to Buy in Durham. Once you have booked online to speak with a dedicated mortgage advisor in Durham, you’ll have someone working for you, offering guidance and support from your first contact until the end of your process and beyond.

Malcolm and Amy Davidson - Mortgage Advice in Durham

We Search 1000s of Help to Buy Mortgages in Durham

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Halifax
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
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HSBC
Nationwide
Skipton
Pepper Money
Mortgage Works
Coventry Building Society
Santander
Natwest Mortgage Advice
Newcastle Building Society
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Accord Mortgages
Aldermore Mortgage Lender
Beverley Building Society
Kent Reliance
Virgin Money & Mortgages
Leeds Building Society
Scottish Widows
Foundation Home Loans

Different Types of Help to Buy Scenarios in Durham

Expert Help to Buy Mortgage Advice in Durham

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Our team of open, honest, trusted and caring mortgage advisors in Durham 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 Durham and benefit from a free mortgage appointment.

Help to Buy in Durham – Do I qualify?

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Before we take a look at helping you to take out a Help to Buy in Durham, we need to find out whether or not you are able to qualify for the available schemes that first time buyers in Durham 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 Durham.

Remember, you can only use a Help to Buy in Durham if you are a first time buyer in Durham. 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 Durham. 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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