Who is eligible?
- This scheme is now available to all buyers (rather than just first time buyers)
- You can obtain a capital repayment mortgage with a qualifying lender
- You have access to a minimum 5% deposit and be able to cover your legal fees
- You are not a buy-to-let investor and the property must be your only property at the time of completion
- You must meet the sustainability requirements (i.e. no more than 4.5x your gross household income)
- Please click here for the sustainability calculator and guidance
- As standard all assessments are based on a 25 year mortgage term,we may have the discretion to reduce or extend the mortgage term (up to a maximum of 40 years in cases where affordability is border line) and you must have the relevant working years.