MyChoiceHomeBuy

An equity loan product offering as much as 50% or as little as 15% towards the cost of buying a home of your choice on the open market. By using our new scheme you could pay for only 50% of the purchase price now and get £1,500 towards moving costs*

The scheme works by offering between 15%–50% equity share in the property funded by the government via a series of local HomeBuy agents who approve each applicant, (this will be done by our Financial/Mortgage Adviser who will go through the scheme and fill in any necessary paperwork for you). Remaining funds are made available from an approved lender such as the Halifax, who will lend the full 100% of the remaining amount (subject to affordability and credit checking). You pay a small monthly fee on the HomeBuy equity which must be included in the affordability calculations. AND you are also eligible for £1,500 towards the moving costs.

Choice Mortgages (www.choicemortgagesuk.com)
Hegarty Solicitors (www.hegarty.co.uk)

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