You’ve been stuck in lockdown for months and you now know, more than ever, that you really need a new home with more space for the kids and a garden in which you can relax. The question is how can you afford to make it happen?
The good news is that there are two government schemes that can really help.
• The First Home Fund. This is a shared equity scheme for first-time buyers, which aims to make home ownership accessible to more people. Run by the Scottish government, it provides first-time buyers with up to £25,000 to help them buy a property. The fund has enough money to help up to 8,000 people - so apply now and don’t miss out.
• The Help to Buy scheme. This is open to both first time buyers and existing homeowners. It is designed to help you to purchase a brand new home in Scotland with just a 5% deposit and an affordable mortgage. Under the scheme you could receive an interest free equity loan from the Scottish Government of up to 15% of the value of the property, which means you only need a mortgage for up to 80% of the value of the property.
We’re here to help
Give us a call, or book a visit to one of our sales centres, and we’ll be happy to talk through these schemes and show you how they can help make buying a new home easier. Many customers have already found that taking advantage of one of the schemes has made ‘all the difference’.
More info available
Full details of both schemes and lots of other useful information on the financial side of buying a new home is available on our website.
• For more information on the First Home Fund download our guide here.
• For more information on the Help to Buy Scheme go to https://www.dundas.co.uk/help-with-buying/buying-from-dundas/help-to-buy