CTAB Mortgage Desk
Homebuy - A Comprehensive Guide

CTAB have achieved Homebuy Agent approval - we can now deal directly with ALL Homebuy Agents. If you are a Registered Social Landlord we will be pleased to talk with you. Please e-mail David Castle at ctabuk@gmail.com

Homebuy - The Common Sense Approach

ELIGIBILITY CHECK

Customer enquires about product

then

Basic eligibility assessed by HBA. Includes:

  • Access to between £2,500 - £3,500 in savings
  • Min/Max Income and debt level check
  • Employer/landlord reference

then

HBA sends Accepting in Principle (AIP) letter confirming:

  • Status of applicant/reason why they qualify for scheme
  • Max equity loan amount from Government
  • Applicant's deposit level
  • Timeframe in which applicant must find a property and receive confirmation of lender's equity loan and conventional loan

then

Customer receives AIP letter and info pack including IFA list

then

Applicant approaches lender/intermediary with AIP letter

then

Lender/Intermediary asked for mortgageability/equity loan quote

CTAB Mortgage Desk is a trading name of COUNCIL TENANTS' ADVICE BUREAU (UK) LTD. Authorised and Regulated by the Financial Services Authority.