UK Help To Buy Scheme- Entire Process Explained- 2022
UK Help To Buy Scheme- Entire Process Explained- 2022
Help to buy is ending in 2023 so you still have a bit of time to take advantage of this scheme. We'll be discussing the entire process in today's video.
0:00-1:00 Intoduction
1:00- 1:36 What is the help to buy scheme
1:46- 3:20 Authority to proceed help to buy (ATP form)
3:20- 4:30 Help to buy calculator/ affordability is different from the lenders affordability
4:30-5:35 Help to buy deposit- Can I contribute more?
5:35- 7:02 Do brokers help with the help to buy forms? (We do, YES!)
7:02- 8:43 Help to buy restrictions, newbuilds, developers...
8:43- 10:44 Help to buy upper purchase limits
10:44-12:41 Paying back the help to buy scheme- staircasing, fees involved, remortging later etc
12:41- 14:53 What happens after the 5 year interest free period? Help, I don't have the money to pay the loan back.