Purchase Guide
How much can you borrow?
What we do
- Up to 35% Equity on New Build Flats
- Up to 35% Equity on New Build Homes
- Provide a list of Houses in which to Purchase for;
- First Time Buyers
- Home Movers
- Property Investors
- We use the lenders valuation as to get a true coast of the OMV.
- Negative Equity Scheme for the first 3 years of purchase.*
Customer Focus
- No Stamp Duty to pay.
- No Legal Cost to pay.
- No Valuation Cost to pay.
- No up front Arrangement Fee to pay. **
- No Broker Fees fee to pay. ***
- We also arrange bridging finance for Home Movers if needed. ****
*No Negative Equity Scheme available to first time buyers and home movers. NES
**Arrangement fees are normally covered by us ""Ren Homes 4 U"" however if you elect to add it to the loan principle, you will automatically be placed into our NES.
***Broker Fees are covered by ""Ren Homes 4 U"". For difficult cases were more than the normal work needs to be carried as your case is now considered specialist lending, we will cover up to £500 of the brokers fees and the rest will be settled by you’re the client.
****Closed Bridging - This means where the house you are selling already has the contracts exchanged however you want to move into your new Home straight away and rather not wait until completed of your existing home."