|
The 1999 Affordable Housing Scheme provides for the building of new houses in areas where house prices have created an affordability gap for lower income house purchasers (such houses are offered for sale to eligible first time purchasers at cost price, and subsequently at a significant discount from the market value of comparable property).
This Mortgage is only available to those who have been approved by a Local Authority for an Affordable House and have received a "Confirmation for Lender" Certificate (contact your local authority for details).
With the rise in property prices many first time buyers have found it difficult to buy their own homes. Cowman Financial Services are pleased to be able to offer this type of home loan for people who qualify for an affordable housing purchase.
This Mortgage is available to purchasers of affordable houses under the government's “1999 Affordable Housing Scheme”.
Features and Benefits:
- · 97% finance of the purchase price
- · Flexible options to suit your needs
- · Quick loan approval
- · No Hidden fees
- · Highly competitive range of fixed, variable and tracker rates
- · 35-year mortgage term.
|
