It's Payback Time

Help To Buy Repayment Options Explained

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Specialists in Help to Buy repayments, Remortgages and Residential Conveyancing

LillyBrooke Financial Services have partnered with Franklins to help advise you on repaying your Help to Buy equity loan.

…and best of all…the Mortgage advice is completely FREE OF CHARGE!!!

The launch of Help to Buy in 2013 proved incredibly popular in the local region, and as many people reach their fifth year of ownership, they are opting to repay the loan in a lump sum, often utilising the option to remortgage their home and take advantage of market growth.

During this process, each homeowner will require a Mortgage advisor and/or solicitor to act on their behalf, and in order to ensure a stress-free process it is vital that your advisor thoroughly understands this process.

LillyBrooke Financial services & Franklins LLP now have a department dedicated to assisting with both Remortgages and for those who are considering repaying their Help to Buy loan.

What happens if I don't do this:
  • pay the £1 monthly management fee
  • pay monthly interest fee of 1.75% of the equity loan
  • interest rate will rise each year in April by the Consumer Price Index (CPI), plus 2%
  • continue to pay interest until you repay your loan in full
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