Foster carers could save thousands
As a thank you for the support provided to our communities, we are offering foster carers a contribution towards your deposit, as part of our Key Worker Deposit Contribution scheme.
What is the Key Worker Deposit Contribution Scheme?
With the scheme, we could contribute either £500 or £1,000 towards your deposit for every £20,000 spent on the purchase price, up to a maximum of £25,000. The contribution depends on the build stage, see how it works below.
If you reserve your home at an early build stage i.e. prior to internal fit out starting:
We could contribute £500 for every £20,000, up to a maximum of £12,500.
For a home at this stage, costing £300,000, you could qualify for a contribution of £7,500.
If you reserve your home at a later built stage i.e. internal fit out has started:
We could contribute £1,000 for every £20,000, up to a maximum of £25,000.
For a home at this stage, costing £300,000, you could qualify for a contribution of £15,000.
How do I apply for the scheme?
We've teamed up with The Mortgage Brain who offer a specialist service for foster carers.
So, if you're a foster carer and are interested in applying for our Key Worker Deposit Contribution scheme, speak to one of their experts today. They will be able to talk you through the best foster care mortgage options available and the application process for the scheme.
Click here for the full terms and conditions.
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