{"id":56584,"date":"2017-06-01T13:00:47","date_gmt":"2017-06-01T06:00:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-10-deposit-enough-to-get-a-mortgage-on-a-new-build-house\/"},"modified":"2017-06-01T13:10:51","modified_gmt":"2017-06-01T06:10:51","slug":"is-a-10-deposit-enough-to-get-a-mortgage-on-a-new-build-house","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-10-deposit-enough-to-get-a-mortgage-on-a-new-build-house\/","title":{"rendered":"Is a 10% deposit enough to get a mortgage on a new-build house?"},"content":{"rendered":"


\nWe\u2019ve been advised to look into the help-to-buy scheme to boost our deposit but we\u2019re not sure if that\u2019s our best optionQ My partner and I have put our names down for a new-build property in north-west England, with the completion date in November or December. We expect to get a valuation of the property in July, which should be about \u00a3152,000 for a small two-bedroom house.By the time we are due to apply for a mortgage we reckon we would have saved enough to put down a cash deposit of 10% of the value of the property. However, we have been advised to look into the 20% help-to-buy scheme due to some lenders not offering mortgages for new-builds where there is only a 10% deposit. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Is a 10% deposit enough to get a mortgage on a new-build house?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019ve been advised to look into the help-to-buy scheme to boost our deposit but we\u2019re...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-56584","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eIE","jetpack-related-posts":[{"id":77684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-use-the-help-to-buy-scheme-for-a-new-build-home\/","url_meta":{"origin":56584,"position":0},"title":"Should I use the help-to-buy scheme for a new-build home?","date":"January 22, 2018","format":false,"excerpt":"\r I\u2019ll need to repay 12.5% of the value when I pay the loan off \u2013 I might lose out if it\u2019s worth more Q My wife and I have reserved a new-build property in Surrey costing \u00a3600,000. We are now considering whether or not to use the help-to-buy scheme.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28783,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-we-use-the-help-to-buy-scheme-to-move-to-a-bigger-home\/","url_meta":{"origin":56584,"position":1},"title":"Could we use the help-to-buy scheme to move to a bigger home?","date":"October 6, 2016","format":false,"excerpt":"\r We\u2019re not sure we can afford the new-build property with a normal mortgage Q I am a nurse and I own a home that an estate agent recently valued at \u00a3335,000. My partner and I would like to move to a new-build property costing \u00a3550,000. We have an outstanding\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113433,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-take-out-the-maximum-help-to-buy-equity-loan\/","url_meta":{"origin":56584,"position":2},"title":"Should we take out the maximum help-to-buy equity loan?","date":"January 6, 2020","format":false,"excerpt":"\r A reader looking to buy a property in London seeks advice on whether or not to go with a higher mortgageQ My partner and I are looking to buy a property in London using the help-to-buy scheme, which means we can pay a deposit of as little as 5%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-should-i-fund-my-help-to-buy-home-purchase\/","url_meta":{"origin":56584,"position":3},"title":"How should I fund my help-to-buy home purchase?","date":"March 16, 2019","format":false,"excerpt":"\r I\u2019m wondering if I should try to borrow more in a mortgage and get a smaller government loanQ I am currently in a process of securing a mortgage and help-to-buy equity loan on a new build with a purchase price of \u00a3420,000. My mortgage adviser has proposed that, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-renting-in-london-should-i-try-to-buy-now-or-wait\/","url_meta":{"origin":56584,"position":4},"title":"I'm renting in London \u2013 should I try to buy now or wait?","date":"November 25, 2019","format":false,"excerpt":"\r I\u2019m saving for a deposit and wondering if I should leave it a few years until I can build up more Q I rent in London and I\u2019m on a yearly wage of \u00a328,000. When I have saved enough to put down a deposit on a property (ironically I\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord\/","url_meta":{"origin":56584,"position":5},"title":"The no-deposit mortgage that lets tenants buy the home they live in \u2026 with a gift from the landlord","date":"July 1, 2024","format":false,"excerpt":"\r Under a \u2018concessionary purchase\u2019, property owners can agree a cut-price sale to incumbent renters to save costsA growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.Several lenders offer \u201cconcessionary purchase\u201d mortgages, meaning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/56584"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=56584"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/56584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=56584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=56584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=56584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}