If you are borrowing more than 80% of the property’s value, we will arrange a mortgage indemnity policy. This indemnity policy protects the Society in the event of a loss experienced in the event of a repossession. The policy protects the Society and not the borrower, however, the premium is the responsibility of the mortgage […]

A tax-free savings account, into which the government pays first-time buyers a cash bonus towards the purchase of a property. For every £200 saved, the government will deposit an additional £50, up to a maximum of £3,000.

The government has launched a number of different Help to Buy schemes, including equity loans, mortgage guarantees, ISAs and specific schemes for Scotland and Wales. They all aim to make home-buying easier.