Hep to Buy transition guide published

Published on

Accord Mortgages is offering a free to access guide to help brokers and their clients understand the key changes and expected timelines surrounding Help to Buy.

From April 2021, the new Help to Buy scheme will only be available to first-time buyers with regional price caps applied across England.

The guide is aimed at helping brokers navigate the interim period between the current Help to Buy scheme ending and the new version beginning.

Aiming to tackle the top issues for advisers, the Accord Growth Series guide has been created in partnership with Sesame Bankhall Group. It details the proposed timings and answers the top 10 questions from brokers on the transition between the two schemes.

Stacey Wood, national new build and surveying relationship manager at Sesame Bankhall Group, said: “Our team provides comprehensive support on new build and Help to Buy, and we regularly receive questions from advisers and property developers. The closedown of the current Help to Buy scheme, along with requests for more detail on the new scheme, have been hot topics. We’re therefore pleased to be working in partnership with Accord Mortgages to respond to this growing demand for more practical support in this important area.

“This useful timeline and answers to commonly asked questions will help provide clarity for firms on the latest position.”

Nicola Alvarez, corporate account manager – proposition development at Accord Mortgages, added: “We know there has been a lot of confusion about the practicalities of the two schemes, not helped by the delays caused by Covid-19. This is a crucial time for brokers and their clients, so we wanted to provide a simple guide through our Growth Series with answers to some key queries which will be a useful point of reference for them during this transitional period.”

The guide can be accessed here.

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...