Help To Buy

Help to Buy is a Government backed scheme designed to help people onto to the property ladder.

Currently there are two main schemes available:

Shared Ownership

Where a buyer only buys a certain percentage of the property, say 50% with the other half owned by a Housing Association. You buy your share with a deposit and mortgage in the normal way and the other half would be rented from the Housing Association.

Help to Buy Equity Loan Scheme

Currently only available on new build properties for First Time Buyers. The buyer comes up with a minimum 5% deposit, the Help to Buy Scheme provides a 20% deposit as an equity share which is free from interest in the first five years. Structured payments on the loan start after 5 years. The buyer then organises a mortgage in the normal way and applies to the Help to Buy Scheme for the 20% loan.

We are able to help in all aspects of this, so give us a call to discuss your options.

Help to Buy Mortgage Guarantee Scheme

This guarantee from Government enables lenders to lend at 95% with an insurance backed guarantee from Government. This scheme is available for both first time buyers and home movers.

The guarantee is available to lenders from 1st April 2021.

For more details contact us for a free initial consultation.

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Mortgages

Buying a property can be the biggest decision made in our lives. It is for this very reason that impartial advice is critical from qualified advisers.

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Protection

There are many types of Protection Policies to choose from. Finding the one that provides adequate cover and the right protection is not as easy as you may think.

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Insurance

We can search through a range of policies to find the one that suits you best from our extensive list of insurers. So this year leave the shopping to us.

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Contact

Over the years we have gained an excellent reputation for our customer service, and pride ourselves on the long term relationships that we enjoy with our customers.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Village Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.

There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £199.

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This site is only directed at persons within the UK. Calls may be recorded for training and monitoring.

Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:

The Financial Ombudsman Service,Exchange Tower, London, E14 9SR Tel: 0800 023 4567 or 0300 123 9 123

www.financial-ombudsman.org.uk


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