The Government has launched a new ‘Help to Build’ low deposit mortgage scheme, supported by £150 million in funding, to help more people build their own homes.
The scheme will enable people to custom build a new home with just a 5% deposit alongside a Government-backed equity loan, similar to the Help to Buy scheme.
It is hoped that the new scheme will increase the number of people looking to build their own home and help people realise their dreams. New products are currently being developed by many lenders to accommodate the new scheme. Here at PIA, we will guide you through the maze and help you realise your dream home.
Give us a call and talk to one of our experienced advisers today.