Under the scheme, lenders will offer 95% Loan To Value mortgages for new-build properties against a mortgage indemnity guarantee funded jointly by house builders and the government.
This can be just what is needed for First Time buyers and others struggling to raise the deposit for their purchase. However, the scheme is quite limited as only a few lenders and developers are participating.
Wondering if you can benefit? Why not give us a call to find out?
