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We in this video explain detailing regarding HELP TO BUY SCHEME
The video focus on:
1. Eligibility criteria
2.How does it works?
3.Repayment procedures
4. Procedures for selling it
The Help to Buy scheme offers an equity loan where the government lends first-time buyers in England money to buy a newly built home. This must be used to buy your main residence, and can't be used to buy a second home or a buy-to-let property. You need a deposit of at least 5% of the purchase price
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Help to Buy: Equity Loan: www.gov.uk/affordable-home-ow...
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The RPI calculator: erikasgrig.com/calculators/rp...
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How to fully or partly repay your equity loan - with your own money, when you sell your home or when you remortgage : www.gov.uk/government/publica...
LEGAL DISCLAIMER: We are not financial advisors / mortgage advisors. The information in this video is solely to share our opinion. Please do refer and research before having being done. And also feel free to seek the financial advisor assistance.
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