New Build Mortgages

Demand for new homes

With the housing stock still not large enough to meet demand in the UK, housing development sites will be a feature of the landscape for some time to come.

Mortgages for New Builds

Due to the surge in demand for new homes, it’s important you are in the most proceedable and qualified position when looking to reserve one yourself as competition for the property you have earmarked may be intense. Home Group Advisors have years of experience in managing new build mortgages and are able to support and arrange help to buy applications and, most importantly, understand the timescales and turnaround times developers require for reservation and exchange of contracts.

Help-to-Buy Equity Guide

A help-to-buy equity loan is a government-funded loan combined with a deposit and a mortgage and is available only on new build properties. You will need to put down a minimum 5% deposit and the government will top this up by 20%. With a 25% deposit in place, you will require a 75% mortgage.