Open Market HomeBuy Mortgages

Like the other shared ownership schemes, Open Market HomeBuy Mortgages are a low cost Government funded scheme to help people to get onto the property ladder.

How do Open Market HomeBuy Mortgages work?

Open Market HomeBuy schemes help people to secure 100% of the funding needed to buy their first home. The equity loan scheme is flexible and designed to help household with a maximum income of £60k to buy their home from the open market.

Who is eligible for the Open Market HomeBuy Mortgages Scheme?

As long as your household income is less than £60k then you qualify, but these schemes are specifically designed for those local authority and housing association tenants as well as keyworkers and people who cannot afford to buy a home where they live or work without some sort of help.



About Shared Ownership Mortgages

Click n go Mortgages can find the right Shared Ownership Mortgage for you. We will help you to compare the Shared Ownership Schemes available and make sure that the you can find the most affordable Shared Ownership Mortgage for you. We can also advise you on where you can find a Shared Ownership Property. Our service is free and comes from years of experience, which guarantees that you will get the best possible advice.



Call Me Back Mortgage Tools Home Blogs Head

05/11/07
Comments

Rock Bottom

It appears that Northern Rock really have hit ‘rock bottom’, with news today published that Bank of England has leant Northern Rock a massive £23billion or £730 from each of us, the British tax payers.

12/01/07
Comments

Rush for fixed-rate remortgage

As the Bank of England put up interest rates last week, there has been a rush for fixed rate remortgages the Financial Times reports.

Social del.icio.us Digg Furl Google Reddit Spurl Facebook Print Email