On The Market - Wirral's No1 Property Magazine May 2015 | Page 5

Welcome

Welcome
from Directors Russ Smith
& Peter Horner BSc FRICS

Achieving over 97%
of the asking price on
all property SOLD!
since 1st January 2015

Help to Buy Mortgage Guarantee
The Help to Buy: mortgage guarantee scheme helps people buy a newly built
home or an existing property with a deposit of only 5% of the purchase price.
The scheme is open for loans to existing homeowners, as well as first time
buyers. The loans are available on new and existing houses with a value of up to
£600,000.

83% of property listed
with us in 2015 NOW
UNDER OFFER or SOLD!

The Help to Buy: mortgage guarantee scheme will increase the supply of high
loan-to-value mortgages by offering a government guarantee to lenders who
provide mortgages to people with a deposit of between 5% and 20%.

On average our Wallasey

The scheme is not available for those wishing to purchase a second home

office books over 750

or buy-to-let property and only repayment mortgages are offered under the
scheme.

viewings Per Month!

The guarantee protects the lender rather than the borrower against losses.
Borrowers remain fully responsible for their mortgage payments and any
shortfall in the normal way. Lenders will pay the government a commercial fee
for each mortgage that they guarantee, which covers the expected cost of the
scheme for the taxpayer.
If you need further advice, contact our agents to discuss how we can help you.
0151 638 6313 or visit www.bakewellhorner.co.uk

Bakewell
Horner

ESTATE AGENTS

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