Though your income may differ from a typical employed first-time buyer, you shouldn’t rule out Help to Buy.
Help to Buy schemes were set up by the Government and are designed to help potential buyers who are struggling to get an initial deposit together for their first home. With the help of these schemes, first-time buyers (including independent professionals) can buy newly built properties from approved Developers with a 5% deposit.
CMME have put together a complete guide to Contractor Help to Buy, so you can find all the answers you need in one place.
From the Government website:
Help to Buy: Equity Loan (2021-2023)
The Help to Buy schemes were not set up for people to buy second homes with, or to purchase properties that you intend to rent out (i.e. Buy to Let). They also cannot be used for anyone who is already using or going to be using another home buying scheme.
To get more information or to speak to our expert team contact us on 01489 555 080 or email us at enquiries@cmme.co.uk
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