A 95% mortgage, supported by the Government

You can take advantage of Help to Buy to move into a property with just a 5% deposit. Help to Buy Mortgage Guarantee^ means that the UK government will back up to 15% of the value of your mortgage. This provides additional reassurance to mortgage lenders, which means they’re able to offer 95% mortgages.

For many people, the size of a deposit needed to get a mortgage can be the biggest obstacle to buying their first home or moving up the ladder. Help to Buy Mortgage Guarantee helps lower this barrier by getting you moving with just a 5% deposit.

Another great aspect of  Help to Buy Mortgage Guarantee is that it isn’t a shared ownership scheme – you’ll own 100% of your home. So if your home increases in value, only you will benefit from the increased equity.

If you’re interested in finding out more about Help to Buy Mortgage Guarantee, give us a call and speak with one of our friendly Sales Advisers today.

Do you have a bigger deposit?

If you have a 10% deposit (or more), you may be interested in Deposit Boost.  With this scheme we could boost your deposit by funding an additional 5% of the sale price, giving you 15% deposit in total.  This means you need to borrow less from a lender and could even secure a more competitive mortgage rate.



^ Help to Buy Mortgage Guarantee - available on selected plots only, subject to contract and status.  Barratt Homes do not offer Mortgage Advice. The scheme is available in the UK and on homes up to the value of £600,000.  The mortgage guarantee is provided to your lender not to you. Terms and conditions