It’s a shared equity scheme introduced by the Government, where first-time buyers can borrow up to 20% (40% if you live in London) of the cost of a new build house. This is interest free for 5 years!

For more information, check out the official Government Help to Buy website.

If you have used the Help to Buy scheme and are now in a position to remortgage your home and start repaying your loan, then you need to get a RICS regulated valuation.

You must hire a RICS regulated independent chartered valuer to carry out the valuation.

·   They must be registered with RICS and be independent to an estate agent

·   They cannot be related to you

·   The valuer must provide at least 3 comparable properties and sale prices

·   Those properties must be like for like with regards to property type, size, and age, and must be within a 2 mile radius of your property

·   Valuations carried out for bank or mortgage purposes won’t be accepted

·   The valuer must inspect the property interior and provide a full valuation report [not a survey]

·   The report must be on headed paper, signed by a RICS surveyor, dated, and addressed to the appropriate association.

We meet all the criteria and carry out Help to Buy valuations at an affordable price – if you’d like to learn more or book in your own valuation, please get in touch today or call us on07737 202 603.