Help to Buy Mortgage Advice in Derby

Get Your Free Consultation 7 Days a Week

01332 979 187 Book Online
Reviews io White Logo

Read our 20 Reviews

Reviews IO Stars

Help to Buy Mortgage Advice in Derby
Across All Schemes

As a Mortgage Advisor in Derby, it is our job to explore and explain the different schemes available to you. Before we look into the Help to Buy Schemes, we will research the possibility of you getting accepted for a standard mortgage with a 5% deposit and discuss these options with you until we find the most suitable way forward for your personal situation.


Help to Buy commonly applies for First Time Buyers in Derby who are looking for that extra bit of help in order to make that first step onto the property ladder. There are various schemes that come under the Help to Buy umbrella.

Help to Buy Shared Ownership

Help to Buy Shared Ownership scheme, you can typically buy as little as 25% (though this can be lower) or as much as 75% of a home and pay rent on the rest.  If you can’t quite afford the mortgage on 100% of a home, Help to Buy: Shared Ownership offers you the chance to buy a share of your home (usually between 25% and 75% of the home’s value) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to.


As your expert Mortgage Broker in Derby, we are able to provide Help to Buy Mortgage Advice across all schemes. Find out more information about Help to Buy Schemes available to you and the most common Help to Buy mortgage scenarios below.


How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 001
Mortgage Lenders 002
Mortgage Lenders 004
Mortgage Lenders 006

Your Mortgage Broker in Derby is here to provide you with expert Help to Buy Mortgage Advice in Derby.

Here at Derbymoneyman, our team will recommend the mortgage product that best suits your financial and personal situation. We strive to provide an open and honest service and ensure that you go through the process as stress-free and happy as possible.


Contact a Mortgage Advisor in Derby to book yourself in for a free mortgage appointment today.

How would I know I qualify for any Help to Buy Schemes?

Firstly, we need to establish whether you are eligible for the scheme before we begin looking for a suitable mortgage for you.


If you are looking for further information regarding the different schemes available, contact us to speak to one of our expert Mortgage Advisors in Derby today.


As mentioned, you must not own any other property when looking to purchase your new home through a Help to Buy in Derby. Remember, subletting and part-exchange is something that is forbidden.


For more information on the Help to Buy Schemes, check out the Government OwnYourHome website.

Why should you choose us as your Mortgage Broker in Derby?

We have gained extensive experience over the 20 plus years of being a reputable Mortgage Broker in Derby working with different types of customers and an extensive range of mortgage types.


Many of these are looking to utilise the Help to Buy scheme. When you get in touch with a dedicated Mortgage Advisor in Derby, they will be there to provide a helping hand from the start of the process all the way to the end of the mortgage journey.


When you have found a new home that you are looking to purchase, and it falls within the criteria for obtaining a mortgage through the Help to Buy Scheme, our team will be able to go through the paperwork with you. As well as this, we would be able to liaise with the home builder or estate agent on your behalf, if necessary.


Along with helping you out with the mortgage, if you are in need of any help with surveyors or solicitors, or team can provide you with advice and direct you to the correct route and work out what exactly you need.


Your initial free mortgage appointment will involve your dedicated Mortgage Advisor in Derby to go through the numbers with you so then you have an idea of the amount you will be paying monthly for your mortgage deal.


Check out our brilliant customer reviews to see how our friendly service helps many people going through the process of obtaining a Help to Buy Equity Loan.


Being a fast & friendly, reputable and experienced Mortgage Broker in Derby, our team are here to support you throughout the full mortgage journey. Contact us today to book yourself in for your free mortgage appointment.

Reviews Stars5.00 Rating20 Reviews

Common mortgage

As an applicant looking to make use of the Government Help to Buy Scheme in Derby, will need at least 5% of the sale price of your new build property. The Government will then loan you an additional amount up to 20% to the value of the property that you wish to purchase, though you must remember that it is a loan and you will need to pay it back eventually.

Your initial free mortgage consultation in Derby will last for roughly about one hour. An advisor will then recommend a mortgage for you, that you are under no obligation to accept and proceed with, if you decide it’s not for you.

As a dedicated and trusted mortgage broker in Derby, we will carry out a Fact Find to establish your circumstances & needs prior to recommending the most suitable mortgage for you. A credit check will then be required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued to you.

We would highly recommend you obtain an Agreement in Principle prior to property viewings in Derby, to avoid possible disappointment, especially as this can boost your bargaining position pre-making an offer and can be obtained with the help of one of our mortgage advisors in Derby, free of charge.

A standard Agreement in Principle generally lasts for between 30 and 90 days depending on which lender you are with. If your Agreement in Principle happens to expire, it can easily be refreshed.

If you’re looking to make any potential home improvements or consolidate any debt, then it can be possible to get a second mortgage on your home. Second Mortgages are also usable for if you are wanting to take out a mortgage for a family member, a holiday home or a Buy to Let.

If you have had credit problems, it could still be possible for you to get a mortgage, however, you may need to put down a higher deposit than usual. This could be 15% of the purchase price.

You may still be able to get a mortgage once you have submitted at least one year’s accounts. Typically we find that, for the most part, lenders will use your salary + dividend to calculate the maximum mortgage. Alternatively, some may go off your net profit.

To prove your income to a lender, it’s usually three payslips for an employee. If you are self-employed, it’s the latest 2 years’ accounts. In addition you will need to produce the lender with proof of ID, address and the latest 3 months’ bank statements.

Your free initial mortgage consultation will typically last up to an hour. Our team have the ability to obtain an agreement in principle within 24 hours. A formal mortgage offer will take about three weeks on average.

We make it so easy!
Our 4 step process

Step 1

Give us a call and a Mortgage Advisor in Derby will recommend the best Help to Buy Scheme based on personal circumstances.

Step 2

Enjoy finding your dream home in Derby

Step 3

Make an offer on the property and once accepted, we will progress your mortgage application.

Step 4

We will be here to answer all of your mortgage questions right through till you get your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links & Derbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR

© 2023 Derbymoneyman

Derbymoneyman – 19 St Christophers Way, Pride Park, Derby, DE24 8JY.

Moneyman Logo

Moneyman Logo

Moneyman Logo

Ask Your Question

    Moneyman Logo

    Moneyman Logo

    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo