Key Worker Mortgage Advice - 01793 771 093. Independent mortgage advice covering Key Worker Living Initiative and FTBi for nurses, teachers, social workers, NHS staff, police officers, firefighters, prison officers, and other public sector keyworkers. London, Berkshire, Buckinghamshire, Oxfordshire, Hampshire, Surrey, Hertfordshire, Kent, Essex, Sussex, Norfolk, Suffolk, Bedfordshire, Cambridgeshire, Wiltshire, Gloucestershire  
 
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Key Worker Mortgage Advice - 01793 771 093. Independent mortgage advice covering Key Worker Living Initiative and FTBi for nurses, teachers, social workers, NHS staff, police officers, firefighters, prison officers, and other public sector keyworkers. London, Berkshire, Buckinghamshire, Oxfordshire, Hampshire, Surrey, Hertfordshire, Kent, Essex, Sussex, Norfolk, Suffolk, Bedfordshire, Cambridgeshire, Wiltshire, Gloucestershire

The First Time Buyers Initiative (FTBi) will help key public sector workers (and others) through its nationwide programme in England. FTBi, a type of new build HomeBuy, uses public sector land to provide affordable housing. 

FTBI is similar to other government shared equity schemes in that it enables eligible first-time buyers to buy a share in a new FTBI home.

The buyer is required to take out an affordable mortgage, which combined with with any deposit, must equal 50% or more of the total price of the home. The Government, through your local Homebuy agent, will then help with the remainder of the total property purchase price.

Assistance is paid directly to the participating housebuilder. The Government is then entitled to a pro rata share of the proceeds of any future sale. For example, if you received 50% towards the purchase a £200,000 home, it would be entitled to 50% of the achieved sale price on sale.  If you sold for £300,000 this share would be £150,000.

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

Your home may be repossessed if you do not keep up repayments on your Mortgage.

There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances but we estimate it will be £299.

 

 

 

 
 
 
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Registered Office: Orchard House, Bagbury Lane, Lydiard Millicent, SN5 4LX
Registered in England number: 05503144

Authorised and Regulated by the Financial Services Authority The Financial Services Authority does not regulate Will Writing, Estate Planning, Trust advice, Taxation advice and some forms of Mortgages and ISA’s

To understand the features and risks of an Equity Release Mortgage, ask for a personalised illustration. YOUR HOME MAY BE RESPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE There may be a fee for Mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £299.