The 2 BIG things they don't tell you about Help To Buy

The interest payments

You probably know that you don't pay any interest for 5 years
But do you know how much it will be after that? Most people we speak to have no idea!

In year 6 you will pay 1.75% each month. Doesn't sound much does it? It's not really but did you know it then goes up each year?

The amount it goes up by depends on when you took the loan but it is linked to the consumer price index each year.

Did you also know that these monthly payments are NOT reducing the amount you owe? This is just interest! so the amount you owe will not reduce like your mortgageĀ 

How much you pay back

This can be the most costly part

You probably know that you borrowed 20% of the house value in the beginning (up to 40% in London)

But did you know that you also have to repay that same % back to Help To Buy?

This means that as the value of your home increases, so does the amount you owe! So the longer you keep Help To Buy the more you will have to repay

Add the monthly interest to this increase and it can get very costly!

So what is the next step?...

We have the solution for you and you can find out all about it by clicking on the button below

YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE

Vantage Mortgages Ltd is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of Personal Touch Financial Services Limited. Personal Touch Financial Services Limited is authorised and regulated by the Financial Conduct Authority.

Registered in England & Wales, 11754334

This site is not a part of the Facebook website or Facebook Inc. Additionally, this is NOT endorsed by Facebook in anyway. FACEBOOK is a trademark of FACEBOOK, Inc
Powered By ClickFunnels.com