Best UK Rates on Help to Buy Mortgages
There are multiple scenarios where the Revolution Brokers team works with clients who have been turned down elsewhere for Help to Buy mortgages - for example, where they have a bad credit history or are buying an unusual property.
While Help to Buy rates tables do give a rough indication as to average rates, they are only an estimate. They often mislead borrowers into making an application, which will be rejected since they do not meet the lender's eligibility criteria.
The only way to receive accurate rate quotations is to work with an independent, whole-of-market broker who can provide unbiased advice about the best lenders to apply to.
This will depend on many factors, such as income, employment status, and credit history.
Here we'll work through how to achieve the lowest rates on Help to Buy mortgages - and what factors will impact the offer to lend you are likely to receive.
For personalised advice and help with progressing your mortgage application, contact Revolution Brokers on 0330 304 3040, or email us at [email protected].
How Can I Get the Best Mortgage Rates on Help to Buy?
Without a doubt, the best way to find the lowest interest rates is to work with an experienced broker.
Every lender has different policies around who they will lend to, what sort of conditions they will accept, and what rates they can offer.
Most high street banks will only lend in specific circumstances or don't offer products directly to the public, so a broker is invaluable in negotiating these on your behalf.
