CTAB Mortgage Desk
CTAB Mortgage Desk

RIGHT TO BUY and FIRST TIME BUYERS

Sales within the right to buy market have fallen off during the past two years : Higher valuations and reduced discounts have played their part in this.

HOWEVER - David Cameron, the Tory Leader, is suggesting that his Party will re-introduce a re-vamped Rent to Mortgage Scheme (we will issue updates whenever more information on this becomes available).

Meanwhile, some Councils will be offering "Social Homebuy" for existing tenants. This is good news for you but bad news for the mortgage brokers who charge (in our opinion) excessive fees for "expert advice" - because of the amount lenders will advance against the valuation of the property it will, in most cases, prove impossible to include these high fees within the mortgage advance and families would have to fund these fees from their savings. (I wouldn't do it, why should you?)

Why on earth do hard-working families find themselves being charged £3,000 (or more!) for having a mortgage arranged?

If you want to buy a percentage of your home and get your foot on the first step of the property owning ladder then shared ownership may be the solution for you.

CTAB as probably the oldest and most respected mortgage brokers in the market are "breaking the mould" in this market.

Telephone us on : 0800 980 3242 or email ctab@btconnect.com or use our Online Form

Your Home may be repossessed if you do not keep up the Mortgage Payments Secured on it!