Your Home may be repossessed if you do not keep up repayments on your mortgage
Are you looking to purchase a New Build property with a deposit as little as 5%?
There are many incentives on offer for new build properties, including the Government Help to Buy scheme, Part Exchange, and various Shared Equity schemes. There are mortgages allow you to buy a new build property with a 5% deposit.
We can tell you if you qualify and the maximum purchase price you’d be able to afford. Then we’ll recommend the best lender and mortgage deal for you.
Let us help you to getMortgage ready.
How part exchange makes a difference in buying a new build property
A Part Exchange house brings several benefits when you are looking to buy a new build property. Whether you prefer to downsize for your retirement or to expand your family, Part Exchange makes selling your existing property and moving into your dream home a much simpler and faster process.
Part Exchanging your old house is the route to a smooth and easy sale.
Buy a new build property with shared equity
When the cost of a property is shared between the buyer and another organisation such as the Scottish Government, it is known as shared equity.
Private property developers also run similar shared equity schemes, which encourage buyers to buy new build properties.
Although very similar, shared equity is different to shared ownership in one key way – buyers in shared ownership schemes pay rent on the remaining percentage they do not own.