At Ipswich Building Society we’ve long helped first time buyers both in our region and across England and Wales to get on the housing ladder.
Here are some of the ways we might be able to help your next client looking to buy their first home:
Shared ownership mortgages
For part-buy, part-rent schemes we offer up to 95% LTV on the share, with no application or completion fees. We also lend on new build houses and flats (max 10 storeys) and we use a unique shared ownership affordability calculator where the property is less than 10 years old.
High LTV loans
We have standard residential options at 95% and 90% LTV, available up to a 40 year term with no maximum age.
Available as standard up to 95% LTV on all residential and shared ownership products with 12 months rental history, or up to 90% LTV where there is no history. The deposit can be a gift from an immediate family member or from a wider source including step-parents, siblings, step-siblings, grandparents, step-grandparents, children, step-children or adopted children.
All mortgage applications are manually underwritten by our in-house team who’ll take an individual view of your client’s personal circumstances. So whether your client has unusual income or a little bit of adverse credit history, speak to us – we’ll do our best to help.
If you have first time buyer clients looking for their first mortgage, give us a call on 0330 123 1073.