There Are Plenty Of Options To Help You Out

There are so many options for beautiful property for sale Cumbria, so why should being single stop you from living in a stunning home you have made for yourself? You may be apprehensive about such a huge investment because many people buy property for sale Whitehaven with their partners, but with the options available today, there’s nothing to be worried about. There are various schemes and saving options available to you to help you along the way of buying your dream property for sale Carlisle, so don’t be disheartened � do your research, speak to some experts and you’ll be on your way to picking up the keys to your new home in no time.
One option for single people looking to buy property for sale Cumbria is getting a Help to Buy ISA. This can really help to grow your savings as the government will boost your savings by 25%. For example, for every 200 you save, you will receive a government bonus of 50. Property for sale Whitehaven doesn’t come cheap, so this kind of ISA is a really helpful idea. The maximum government bonus you are able to receive is 3,000, and although that is a small amount in comparison to the price of a home, it will really help you on your way when you’re saving up for your ideal property for sale Carlisle.
As well as the ISA, there is the option of a Help to Buy: Equity Loan scheme if you are looking to buy a new-build. This is when the government lends you up to 20% of the cost of your newly-built property for sale Cumbria. Therefore, you’ll need a 5% cash deposit and a 75% mortgage for the rest, which is a huge help for first-time buyers. With this scheme, you’ll be able to save for your dream property for sale Whitehaven and live in it with ease as you won’t be charged loan fees on the 20% loan for the first five years you own your home. This is a great way to buy your property for sale Carlisle and it will be available in England until 2020.
Another choice that many first-time buyers opt for is shared ownership of a property for sale Cumbria. It is a kind of cross between buying and renting, so will take away some of the financial pressure. You will buy between one quarter and three quarters of your property for sale Whitehaven and you’ll be able to buy a bigger share in the property at a later date if you save up the right money. There are certain criteria you have to fit when you’re applying for shared ownership, though, so before you plan to buy your property for sale Carlisle this way, make sure you read the small print and are fully prepared for the investment.
If you’d like to find out more about ways to comfortable purchase your first property for sale Cumbria, estate agents Tiffen are experienced and friendly, and their team will give you all the advice you need on property in the Cumbria area. It is a beautiful region to settle down in and the range of property for sale Whitehaven on offer is incredible. No matter what kind of property you want to move into, you’re bound to find something ideal in Cumbria. Take the first step to buying your first property for sale Carlisle with Tiffen & Co