Course description
Many first-time buyers and others find raising the finance and buying a home a daunting task.
From time to time the Government step in with special schemes, lenders often market favourable terms and where they are able to do so, parents and in-laws may offer to help out. None of this is without some risk and potential pitfalls so it is timely to consider the potential problems.
Presented by leading trainer Paul Tobias, this webinar will bring you all the latest on 100% mortgages, Shared Ownership Schemes, SDLT relief, Help to Buy ISAs, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Many first-time buyers and others find raising the finance and buying a home a daunting task.
From time to time the Government step in with special schemes, lenders often market favourable terms and where they are able to do so, parents and in-laws may offer to help out. None of this is without some risk and potential pitfalls so it is timely to consider the potential problems.
What You Will Learn
This webinar will cover the following:
- 100% mortgages - slowly making a come back
- Shared Ownership Schemes
- SDLT relief for first time buyers
- Redeeming existing Help to Buy Equity loans
- Help to Buy ISAs
- 20% discount via ‘Starter Home Initiative’, Armed Forces - MOD Interest free loans, Lifetime ISA
- The Government Mortgage Guarantee Scheme - and the Help to Build Scheme
- An overview of the Government Right to Buy Scheme
- Government First Homes Initiative
- Bank of ‘Mum and Dad’ - helping raise the deposit, is it a gift or a loan, where is the money coming from
- Declarations of Trust - what should go in them
- UK Finance conditions and mortgagee attitudes to gifted deposits
- Fraudulent ‘gifts’ to dupe the lender and what can happen if the donor of the deposit becomes insolvent
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...