Leigh, Underwriting Team Manager
Despite all of the turmoil that’s been around in the last few years, the number of first time buyers hit a 12 year high in 20181, thanks largely to schemes like Help to Buy. Of the almost half a million completions made using one or more of the Help to Buy schemes since its introduction in 2013, nearly 90% of them have been by first time buyers2.
As one of the first specialist lenders to enter the Help to Buy market, we remain as firmly committed to the scheme as we were when we started supporting applications three years ago. Our criteria is designed to give your customer a better chance of realising their dream, even if they’ve been declined by a high street lender.
It’s all backed up by a dedicated Priority Processing Team which is dedicated to assessing cases within 48 hours and making offers within 21 days, as well as providing support and regular progress updates. To give you even more of a helping hand, we calculate affordability based on 1.75% of the equity loan.
To find out more about how we can help your Help to Buy customers, click here or call the Priority Processing Team on 0330 159 6001.