When the scheme was first explained to me, buying my own apartment seemed so much more realistic than I imagined. I feared I’d be stuck paying expensive rent, which just seemed such a waste of money. I had a small deposit but the additional funding the scheme provided meant my mortgage payments came right down. I would never have been able to save that much on my own. I applied through Plumlife and pretty soon I was a homeowner!
Help to Buy

Personal trainer takes first step up the property ladder with Help to Buy

Claire Archer, 34, took her first step onto the property ladder thanks to the Help to Buy – Equity Loan scheme.

Claire, who works as a self-employed personal trainer, bought a two bedroom apartment at Charles Church’s Heald Point development, in Heald Green, Manchester.

On the market for £128,000, Claire was able to put down a 5% deposit of £6,400, and took advantage of the 20% equity loan offered to her by the Government. The equity loan equated to £25,600, leaving Claire a mortgage of £96,000.

As Claire explains: “When the scheme was first explained to me, buying my own apartment seemed so much more realistic than I imagined.  I feared I’d be stuck paying expensive rent, which just seemed such a waste of money.

“I had a small deposit but the additional funding the scheme provided meant my mortgage payments came right down.

“I would never have been able to save that much on my own. I applied through Plumlife and pretty soon I was a homeowner!”

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