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“NexMoney is a mortgage broker that specialises in taking the pain out of the mortgage process. Whether you are buying a new home, a first time buyer or just want to get a better rate than you are currently on then we can help”

Excellent advice on Help to buy schemes

Help to Buy is a government-backed initiative aimed at helping people buy a home. It will help both first time buyers and existing home owners purchase a home with as little as 5% deposit. There are two ways to purchase a property up to the value of £600,000 using Help to Buy:

  • Equity loan (HTB1) – available on new build properties only, using a government equity loan of up to 20% of the purchase price plus a traditional mortgage.
  • Mortgage guarantee (HTB2) – available on both pre-owned and new build properties with a standard mortgage of up to 95% of the purchase price.
  • Your home may be repossessed if you do not keep up repayments on your mortgage”