The Help To Buy Equity Loan scheme was available to assist homeowners to afford the property they need from 2013 until 31st March 2023. Over a period of ten years many thousands of homeowners took advantage of this scheme to fund the purchase of their properties and after 5 years of interest free funding, interest then becomes payable on these loans.
It is then your choice to pay back your loan by remortgaging, paying it off with savings or even selling your property if necessary.
The process can be time consuming and complicated and given the financial amounts involved it is important to make sure that the loan is repaid or refinanced properly and the loan provider (Homes and Communities Agency or Homes England) are removed from the register of your property. Alternatively, sometimes only part of the loan will be redeemed and you will need to obtain a memorandum of staircasing to record the equity mortgage that remains.
Therefore getting everything right is essential. Our Lawson West Conveyancing Team specialises in all aspects of Help To Buy Equity Loans so that the process is competed correctly, conveniently and as quickly and simply as possible for you.
Further Information can be found here or download our handy Step By Step Guide
For more information and assistance with dealing with your Help To Buy redemption, please complete our Contact Us or contact Tel: 0116 212 1000, ask for the conveyancing team at webresidentialconveyancing@lawson-west.co.uk
We are determined to put service ahead of everything when it comes to helping you move home or purchase property and that is why we specifically limit the number of transactions that our lawyers handle.
This means that your home move is always a priority for us, we will keep you updated, and all aspects of the transaction are completed correctly.
If you would like to speak to one of our conveyancers, or receive a quote for conveyancing services.
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Our Core Values are Welcoming, Confident, Supportive, Knowledgeable and Dependable and we aim for clients to have a positive experience with Lawson West Solicitors.
Evidence of our great client service can be seen in the reviews and testimonials we regularly receive. We are always pleased to receive great reviews because it means our clients are happy with the service we provide, and it shows that we deliver on our core values, we don’t just talk about them. We really welcome client feedback and hope you enjoy reading some of the latest testimonials throughout this website.
