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Equity Release will reduce the value of your estate and can affect eligibility for means tested benefits.

Whether you're buying your first home, moving house, remortgaging, or buying to let, we can help you find the right deal today ! Call 0844 683 7971

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

Commercial Mortgages, most Buy to Let mortgages and trusts are not regulated by the Financial Conduct Authority. Should you have a need for a commercial mortgage, you will be referred to a third party provider, neither Avenue Financial Services nor Intrinsic Financial Planning Ltd is responsible for any advice provided by a third party. Avenue Financial Services is a trading style of Solihull Financial Services Limited, is an Appointed Representative of Intrinsic Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority. Intrinsic Mortgage Planning Limited is entered on the FCA Register (www.fca.org.uk/register) under reference 440718.

Government launches shared ownership right to buy scheme

The new model will allow people to buy their home in 1% increments, rather than having to save up 10% at a time. The government has announced plans for a new national model for shared ownership which will allow people to get on the housing ladder with deposits as low a £2,000. Under the plans, tenants in new housing association properties will be given an automatic right to buy a share of their home from as little as 10%, with the ability to increase that share over time up to full ownership. Using an example, the government said a housing association tenant renting a £200,000 property could buy an initial 10% stake worth £20,000, while paying subsidised rent on the remaining 90% of the property. The tenant could make up this 10% stake through a £2,000 deposit and a £18,000 mortgage.

 

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

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