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Clients coming off the Help to Buy scheme?

Written by Ipswich Building Society

3 Jan 2019

Tags

First Time Buyers, Help to Buy, Remortgage

1 min read

The government’s Help to Buy: Equity Loan scheme was designed to assist people in buying a newly built home. With just a 5% deposit required, the government offered a loan of up to 20%, meaning that just a 75% mortgage was required which enabled buyers to access more attractive mortgage rates.

For those of your clients wishing to remortgage away from the Help to Buy scheme and acquire 100% of the equity in their property, all of our standard residential mortgages are available for remortgages up to 95% LTV. Our standard lending criteria applies.

Unlike some other mortgage providers we manually underwrite our cases in-house, looking closely at your client’s personal circumstances to make an informed decision. For more information give us a call on 0330 123 1073.

This article was published under our previous name of Ipswich Building Society. We changed our name in 2021 – get in touch if you have any questions.

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