Once again Blundells in Sheffield have lead the way with innovative ideas to help people move home.
Available via Look4aProperty Money, Blundells are now offering a scheme to help first time buyers purchase their first home and “get on that property ladder”.
We all understand how tough it can be to get a deposit together for a new home in the current climate and the frustration this can cause.
The new scheme being launched by Blundells provides parental loans from £10,000 – £50,000 which can then be gifted to a child who on finding a property applies for an 85% mortgage.
The Deposit Loan is fixed over a 12 year term at 5.4% (REPRESENTATIVE APR) and is not secured against a home so there is no need to remortgage or “cash in” your all important investments.
For more information on this exciting new scheme contact Look4aProperty Money.
