Knowledge: As they could already afford their ideal property price and having saved a 10 per cent deposit, they could avoid the Help to Buy loans. But of all the schemes, he suggested a Help to Buy equity loan might be most suitable, where the government lends you up to 20 per cent of the cost of your newly built home, so they would only need a 5 per cent cash deposit and a 75 per cent mortgage to make up the rest. 5/5
Website: https://www.meridianmortgages.net/
Email: kamesh@meridianmortgages.net 5/5
Verdict: Shopper’s Choice: The adviser was friendly and professional, gave a range of the costs of taking out a mortgage through a mortgage adviser, which would guarantee the best value, and was upfront about the couple’s options given their savings.
33/35
