First Time Buyers
Buying your first home can be a daunting prospect but our Personal Advisers are on hand to guide you through the process and answer any questions you may have. We have 160 years experience of helping people to get on the property ladder. See our buying your home page for a step by step guide to the process.
There are many different schemes available to make home ownership a reality for more people. Your Personal Adviser will be able to provide additional information, if required. These schemes include:
Shared Ownership
You buy a share in a property with the remainder being owned by a local council or housing association. Your share is typically 50% and we can lend you up to 85% of that.
Shared Equity
Your employer may offer this as part of your benefits package. You own the house with your employer jointly and the mortgage is set up in your joint names.
We can also arrange your mortgage if you wish to buy your home through a shared equity scheme run by a housing association.
Key worker living
This scheme is designed to help people employed as ‘key workers’ to set up home or upgrade to a family home. We support the key worker living scheme for homebuyers.
Right to Buy
For council tenants who have the chance to buy their house at a discounted price, we can lend up to 100% of the discounted price.
Guarantor backed Mortgages
Thinking of helping a family member buy their first home? You may be able to act as Guarantor for the mortgage, helping them take that first big step to independence. See our ‘Guarantors’ page for more information.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Contact us
Visit a branch
Find your local branch
Phone 0845 601 3344
Mon-Fri: 8:30am - 8:30pm
Sat: 9:00am - 6:00pm
Sun: 11:00am - 5:00pm
Request a callback
Let us call you
Email
enquiry@cambridgebs.co.uk
