Starting this month borrowers will be able to choose from an increased range of “help to buy” mortgages with Aldermore and Virgin Money both committing to the Government backed Help to buy scheme. With this announcement we will see the total number of lenders offering the help to buy option increase to five. Others banks and building societies have also intimated that they will be offering help to buy products in the coming months.
With more lenders starting to offer a help to buy mortgage product this means good news to the borrower with more options and new mortgage rates. The help to buy mortgage criteria from the government hasn’t changed but there are now more mortgage rates to choose from which increases the chance of finding the best and most competitive deal for the lender.
If you are looking for independent mortgage advice for the purchase of your first home then you should invest in expert advice from a recommended and more importantly independent financial advisers. A company that has years of experience backed by qualifications in the mortgage sector. If you would like a free initial consultation to find out how we can possibly save you time and money then please contact us through our contact form on the right of the website.