Affordable Housing Solutions

1% Deposit Scheme

• Mortgage Guarantee Scheme

  The Mortgage Guarantee Scheme aims to help homebuyers secure a mortgage with just a 5% deposit. It's designed for both first-time buyers and existing homeowners looking to purchase a property up to a certain value. The government provides a guarantee to lenders, offering them the security to lend under more favourable conditions. Our advisors can guide you through the eligibility criteria and help you find participating lenders, simplifying the process of securing your new home with a lower deposit.

• First Home Scheme

  Exclusively for first-time buyers, the First Home Scheme is a lifeline for those struggling to step onto the property ladder. It offers homes at a discount of at least 30% compared to the market price. This discount is passed on to future sales, making it a sustainable option for future first-time buyers as well. Polish Brokers can assist you in understanding the nuances of this scheme, ensuring you meet the eligibility requirements and navigate the purchasing process smoothly.

• Shared Ownership

  Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. It's an ideal option for those who cannot afford the mortgage on 100% of a home. Over time, you can buy more shares in your home through a process known as "staircasing," potentially owning it outright. Our team at Polish Brokers will explain the details of this scheme, from eligibility to the buying process, helping you find a property that fits your needs and budget.

• Deposit Unlock Scheme

  The Deposit Unlock Scheme is designed to help homebuyers purchase a new-build home with just a 5% deposit, without the need for a mortgage guarantee. Aimed primarily at first-time buyers and home movers, this scheme facilitates easier access to high loan-to-value mortgages. We'll guide you through the participating builders and properties, ensuring you understand the terms and can take full advantage of this opportunity.

• Help to Buy Wales

  For our clients in Wales, the Help to Buy - Wales scheme offers equity loans to assist you in purchasing a new-build home up to a specified value with just a 5% deposit. The Welsh Government lends you up to 20% of the cost of your newly built home, so you'll only need a 75% mortgage to make up the rest. This scheme makes it more feasible to own a home with a smaller deposit and lower mortgage rates. Our advisors are here to help you with the application process, eligibility criteria, and selecting the right property under this scheme.