Spotlight On: First Time Buyers

Coventry Building Society recently produced a report showing that despite the many hurdles First-Time Buyers have to overcome, mortgage lending to this sector is expected to rise by 16% in 2024.

We’re all aware that this market has been subdued in 2023, with a 24% drop in FTB loans from 2022 to 2023; an increase of any kind would be welcomed by all parties. Assistance with costs and fees associated with buying a property, deposit boosts and mortgage subsidies will all be of benefit to this type of buyer if there is an incentive allowance available on new build homes. NHMH is always on hand to help you structure the right deal to secure a reservation.

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Spotlight On: Let to Buy

Let to Buy is simply the process of letting out your existing property to enable you to move forward with a new residential purchase.

Spotlight On: Perenna Bank

A relatively new lender, but one that you may start to hear more and more about, is Perenna Bank. Providing lending of up to 6x

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Spotlight On: Foreign Nationals

As Part Exchange enquiries increase and Home Movers continue to lead the way in terms of reservation numbers, many purchasers will already have a mortgage

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MORTGAGES ARE SUBJECT TO STATUS, VALUATION AND LENDER CRITERIA AND ARE NOT AVAILABLE TO PERSONS UNDER THE AGE OF 18.
A BROKER FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION. ANY FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE ADVISER WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.
New Homes Mortgage Helpline is a trading name of The New Homes Group Limited which is registered in England and Wales under company number 2509770, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. VAT Registration Number is 500‍ 2481‍ 05.
For activities relating to regulated mortgages and non-investment insurance contracts, The New Homes Group Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority.
Connells Limited’s Financial Services Register number is 302221. Most buy-to-let mortgages are not regulated.