Help-to-Buy mortgages

We could get you onto the property ladder with a Help-to-Buy mortgage

With a Help-to-Buy mortgage you only need to put down 5% of a home’s value for a deposit. The Government will the boost this amount with an equity loan of up to 20%. At Clever Mortgages we work with many lenders who could offer you a Help-to-Buy mortgage whether you’re a first-time buyer or purchasing a new home.

From only 5% deposit required
Government equity loan of 20% (40% in London)
75% (55% London) mortgage needed
Competitive rates

Helping a customer get onto the property ladder through the Help-to-Buy scheme Mr B wanted to get back onto the property ladder but was struggling as he’d been in an IVA and only had a small deposit. With Clever Mortgages he was able to:

Use the Help-to-Buy scheme to increase his deposit and secure a better interest rate
Take out a mortgage with a high street bank with a term of 20 years
Secure a fixed rate for five years of stable payments
Buy a property that was being advertised as ‘deal of the month’ with a quick sale incentive
Complete the purchase just four weeks after applying
Mr B was self-employed, but as he was paid via the Construction Industry Scheme (CIS), we could use gross income

	Balance	Payment	Rate	Term years
New mortgage	£162,500	£630.49	2.24	20 years

New Mortgage

Balance	£162,500
Payment	£630.49
Rate	2.24%
Term	20 Years

Mr B was 49 and decided it was time to get back on the housing ladder. He wasn’t sure what options he had though as he’d been in an IVA and only had a small deposit. Plus, as he was a self-employed builder on the Construction Industry Scheme, his net profit was almost a third less than his gross income.

At Clever Mortgages we were able to help as we knew high street lender would class him as self-employed and use his gross income to allow him to borrow what he needed to buy the property. The Help-to-Buy scheme was also used to increase Mr B’s deposit and give him a better interest rate.

He secured his property for a great price and also benefitted from ‘Deal of the week’ incentives from the agent. We enabled him to take advantage of this by completing the application after just four weeks.

No obligation advice on Help to buy mortgage

Quickly see if you could be accepted for a mortgage before you apply

Could you get a mortgage?

Have you ever wondered how much you could borrow?

Complete our quick and simple form to get an overview of how much you could potentially borrow and estimated monthly payments.*

How much could you borrow?

Wondering how much you could potentially borrow and how much a mortgage might cost you?*

Use our free interactive mortgage form to tell you.

Our mortgage advisors will then speak to you in more detail for a free, no obligation mortgage quote.

6 Great reasons to choose Clever Mortgages

Specialists in bad credit

Every member of our team is trained in bad credit situations and know how to find the right solutions for customers – helping them get the mortgage that’ll get them back on track.

Over 100 lenders

We know that sorting out a remortgage can be stressful – but our experienced team of experts will have any questions you have along the way, and will always be proactive when it comes to keeping you in the loop with your application progress.

Experts in bad credit

We have helped 1000’s of people with bad credit. All our advisors are trained on securing mortgages for clients with bad credit. In short, we know this market.

Access To Exclusive Rates

We have access to every adverse friendly lender, we can often secure you exclusive rates you can’t find on the high street.

First class support

Excellent Reviews

We’re proud of our long-standing 5 Star Rating on Trustpilot, and love all the positive feedback we get from customers every day. We feel privileged to help people get a great deal with far less stress.

Why use a mortgage broker?

Mortgage brokers help you find the best deals on the market – not just from one lender. With a broker you can expect:

Valuable knowledge, through years of experience helping customers to find mortgages
An improved chance at finding a mortgage, some mortgages are only available through a broker
Help with the application process, as usually just one application can be used across various lenders
Advice on how to improve your chances, for instance getting a guarantor or applying for a joint mortgage

About Clever Mortgages

We specialise in assessing an individual’s situation, and finding the right mortgage solution for them. We can help:

With remortgages, buy-to-let, and first-time buyers mortgages. We have experts who cover these areas
Even if you’ve got bad credit – we help people every day with a variety of credit histories to find the right mortgage
With applications, as we’ll take the hassle away. We require your details once and we’ll know the best lenders for your circumstance
Our team know the lenders that are most likely to say ‘yes’, and give you the best rates

What should I do next?

You enquire online with us today or request a call back
Our simple form takes a couple of minutes to fill in, this gets the ball rolling

One of our experts will give you a call to find out more about your situation
We have experts in remortgaging, who focus solely on helping customers save money