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The Help to Buy Schemes has created a positive impact for First Time Buyers looking to get onto the property ladders. At this moment in time, there are numerous options to choose from, depending on if you are eligible.
If you are wondering which scheme would be fitting for your circumstances, this is when we, as an open and honest mortgage broker in Leicester can help by keeping you up to date on the different eligible schemes for you.
As mentioned, not all schemes are available to you because it’s likely you will only qualify for certain ones. With a Mortgage Advisor in Leicester by your side, you can find out which ones is eligible to you before you begin the application process
Our tailored service can help you determine whether or not you qualify for the scheme. The maximum value is dependent on where you are located in England.
Here at Leicestermoneyman, we can provide open and honest Help to Buy mortgage advice in Leicester across all schemes. If you are looking to find out more information regarding the Help to Buy Schemes available to you as well as the most common Help to Buy mortgage scenarios look at the information below.
In the 2010s, Help to Buy was introduced as a follow-up to the UK government’s previous FirstBuy Scheme. It encompassed a range of pre-existing and new schemes aimed at assisting first-time buyers in stepping onto the property ladder. Over time, some schemes under this initiative have ceased to exist, while others have continued under different names.
The most popular and widely recognized scheme was the Help to Buy Equity Loan Scheme, which stopped accepting new applicants towards the end of 2022. As a result, first-time buyers can no longer avail themselves of Help to Buy in Leicester or anywhere else in the UK. However, it’s important to note that support for home buyers has not come to an end entirely.
Fortunately, there are still various other schemes available to aid individuals in buying property in Leicester!
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Buying a home can present challenges and a sense of apprehension, particularly for first time buyers in Leicester. Given the substantial financial commitment involved, various obstacles may arise during the process.
These obstacles may include soaring property prices, limited income, the need for a larger deposit, difficulty meeting specific criteria, and other related concerns. The positive aspect of the Government’s mortgage schemes is that they have the potential to make homeownership more achievable and alleviate many of these issues.
It is essential to recognise that not every scheme applies universally. Each scheme has its own criteria and eligibility requirements that you must review before applying for a mortgage. Certain schemes may necessitate speaking to a mortgage broker in Leicester, while a mortgage advisor may also provide valuable assistance in this regard.
The most popular schemes available for home buyers are the Shared Ownership Scheme, which is available to first time buyers & home movers in Leicester, as well the Right to Buy & Right to Acquire Schemes, which helps local authority tenants to purchase their homes.
While you may be familiar with these well-known schemes, there are others you might not be aware of, such as the Lifetime ISA, first homes scheme, and forces help to buy, among others. Each of these schemes has its own specific eligibility requirements and criteria that must be met to apply.
Even if you meet the eligibility criteria, it’s essential to consider whether a particular scheme aligns well with your unique situation. This is where the expertise of a dedicated mortgage advisor in Leicester becomes invaluable. They will thoroughly assess your case and explore all the options available to you. In some instances, the route you initially thought was suitable may not be the most optimal choice for your overall circumstances.
By scheduling a free initial mortgage appointment with a mortgage broker in Leicester, you can discover all the potential schemes or alternatives that may be suitable for your situation as a first time buyer or home mover looking to buy in Leicester.
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5.00 Rating32 Reviews
Anonymous
Very professional. Kept me informed every step of the way. Explained the mortgage application process fully. Found me another lender immediately, after my first application got rejected.
2 months ago
Anonymous
I found Moneyman to be very professional and easy to work with. They explained everything clearly, kept me informed throughout the process, and were always easy to contact. I especially appreciated the personal touch of having a video call, which...
6 months ago
Anonymous
Great and knowledgeable advisor, Leo has been helping every step of the way and was able to answer lots of questions and provide lots of advise. Highly recommend using Leicestermoneyman
6 months ago
Emma
Beyond happy with our experience with moneyman. Quick responses, helpful and friendly. Definitely went above and beyond our expectations. Wouldn’t trust anyone else. Thank-you!
7 months ago
Neil
Highly recommend Leo Shakespeare! Leo has been very helpful, approachable and informative - we will be recommending him to others who are buying a home.
7 months ago
Elizabeth
I approached moneyman with an urgent problem of remortgaging my property within a deadline of 2 months or I loose my property .I was professionally welcomed by Paula and her 2 other colleagues who gave me advice and options of what I can do ....
10 months ago
Simon
Brilliant service thank you for all your help
1 year ago
Dawid
Excellent
1 year ago
Grant
Very fast friendy service, any questions were answered throughly and quickly and the whole service from start to finish was smooth and stress free.
1 year ago
Lucy
Excellent service from start to finish! Chris kept us fully informed and answered all of our questions throughout. He took the pressure off us and was professional throughout! Highly recommend!!
1 year ago
Rebekah
Jo and Chris were extremely helpful. Got everything done so quickly!
1 year ago
Joanne
It was smooth, took all the stress of reseaching the best mortgage. Easy access to appointments. TOM was great and understanding
2 years ago
Bhaven
Very very good thank you
2 years ago
Zubair
Charlie was very easy to talk too and made things easy and simple to understand and explained our options in detail which really helped us through the process as first time buyers.
2 years ago
James
Jason and his colleagues at UK Moneyman have been amazing from the start. When we began the process of house buying and finding a mortgage we knew very little, but Jason explained much to us in a telephone consultation and outlined all our options....
2 weeks ago
Samantha
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
2 weeks ago
Shelline
Leo Shakespeare and Stacey Jopling has work long side each other to made this entire journey extremely smooth and informative as a first time buyer. His service has been phenomenal. I had been rejected from many other brokers and banks and he...
3 months ago
Nafesa
I have been dealing with Wendy and Malcolm in regards to my house purchase and I could not recommend these enough. A true credit to the company. Very efficient with communication and solving any issues that needed to be addressed. Would highly...
5 months ago
Anonymous
Incredibly helpful, supported throughout whole process
5 months ago
Nazeef
Fantastic experience. Charlie helped me race through to secure the most suitable mortgage offer, best plan for life and critical illness insurance. Very approachable and responsive even with any queries I had after everything was completed.
6 months ago
During your appointment with our mortgage advisor in Leicester, we will carefully evaluate your income and expenses to determine your eligibility and affordability for Help to Buy Schemes in Leicester.
Our dedicated team will conduct an extensive search of 1000 mortgage products to find the one that suits your specific needs. Moreover, we will guide you through the process, from start to finish.
Once your offer is accepted, we will diligently submit your complete mortgage application and all relevant documents to the lender. Throughout this process, your dedicated case manager will keep you informed of every step, from the mortgage offer to the final completion and beyond.
Our commitment to you extends beyond simply securing the most suitable mortgage deal. We will also provide recommendations for relevant insurance options to safeguard you and your loved ones. Additionally, we will be proactive in reaching out to you as your mortgage deal approaches its end, ensuring that you always have the most suitable arrangement in place. Your financial well-being is our priority, and we are here to support you every step of the way.
As a Mortgage Broker in Leicester, we have rich experience and knowledge in providing Mortgage Advice in Leicester. From the first initial contact to obtaining the keys to their new home, every customer is guided by our dedicated mortgage advice to get them through the full mortgage process.
Your initial free initial mortgage appointment with involve you meeting your dedicated Mortgage Advisor in Leicester who will guide you through all your documentation in order for you to have an idea of the balance you will be paying monthly for your mortgage deal.
Our team love to help customers beyond the mortgage process which is why we are available to you if you are looking into surveyors or solicitors. We can provide the advice you need for this as well as discussing exactly you may require for that.
Get in touch with us to speak to an expert Mortgage Advisor in Leicester today. Through our experience, we have encountered numerous enquiries from other customers looking to start their Help to Buy Scheme journey.
As soon as you have found a new home that you are looking to buy, and it matches the criteria for taking out a mortgage through the Help to Buy Scheme, it’s then time to start looking through the paperwork with you as well as speaking with the home builder or estate agent on your behalf id needed.
Speak to us today to get yourself booked in for your free initial mortgage appointment to chat with one of our knowledgeable mortgage advisors in Leicester, who will be your helping hand throughout the mortgage journey being their every step of the way.
Our hard working team will always recommend the most suitable option for your financial and personal situation. We strive to provide a service that makes you feel happy, stress-free and well updated. We are always by your side throughout the full Help to Buy mortgage journey.
Firstly, we need to know if you are eligible or not for any of the available schemes. If you are qualified for any of the schemes available, we will then proceed with finding the most suitable mortgage.
If you are looking for more information on the various schemes available, get in contact to speak to one of our knowledgeable Mortgage Advisors in Leicester today.
As mentioned previously, it’s required that you don’t own any other property when looking to purchase your new home.
To find out more information about the Help to Buy Schemes available to you, check out the Government Own Your Home website.
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Leicestermoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Leicestermoneyman 2025.
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Leicestermoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Leicestermoneyman 2025.
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