If you are unable to save up for the minimum deposit required, there are some government mortgage schemes that could help. They were brought in as a means of helping first time buyers to get onto the property ladder.
These schemes include the Help to Buy Shared Ownership Scheme, Mortgage Guarantee Scheme, the First Home Scheme and a handful of others. Of course, you’ll have to qualify for each of these schemes first. This is where an experienced mortgage broker in London can help.
For additional first time buyer mortgage advice in London and to discuss any of the government mortgage schemes if you need them, book your free mortgage appointment and speak to a mortgage advisor in London today.