In today’s market first time buyers are finding it very challenging to find a mortgage with no deposit or a deposit of 5% or 10%.
Buckinghamshire Building Society’s Family Assist mortgage offers up to a 40 year term and allows the applicant to borrow up to 100% of the purchase price. By taking a collateral charge on the parents’ property we can use equity in their property to help their children get on the property ladder with smaller deposits.