Help to Buy for Homemovers
Many of you may already be aware of the Help to Buy scheme that was introduced back in 2013 that aims to help those struggling to save money get onto the property ladder, or to move home. However, it’s a myth that all Help to Buy schemes are for first time buyers only.
With as little as a 5% deposit, the Help to Buy Equity Loan will allow you to borrow 20% of the purchase price, interest-free for the first five years. In the sixth year, you will pay 1.75%, rising annually by the increase (if any) in the Retail Price Index (RPI), plus 1%. For those in the London area, you can borrow up to 40% of the purchase price.
Read more: Help to Buy for Homemovers
Preparing to Move
Moving house should be, and is, a very exciting time, but sometimes it can be overshadowed by the stressfulness of the situation and having to organise everything ahead of time.
Once you’ve had your offer accepted on your new house, now is the time to start sorting through your belongings and get yourself organised, ready for the big move.
Read more: Preparing to Move