On Martin Lewis Money Tips newsletter this morning, he was featuring the following interesting news: Help to Buy boosted - but dont assume that means its right for you. The Chancellors already announced hes extending the Help to Buy scheme, but hes talking about the bit that applies only to new-builds. The other part, which gives mortgage companies backing so they can lend to those who have just a 5% deposit (or equity), continues unchanged. Just because mortgages are available doesnt mean its right for you. Pushing finances too hard is dangerous. Ensure you know what youre doing. We would just like to add to that; if you are going to proceed in purchasing a property, make sure you understand that your lenders valuation survey is NOT for your benefit ... they are simply seeking to confirm that their own financial investment is acceptable..... Instead contact us to consider having your OWN Building Survey or Homebuyers Report undertaken, so that you can be assured you are making a sensible and viable financial investment.
Posted on: Wed, 19 Mar 2014 09:15:01 +0000
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