At the Marsden, our Family Step range offers a solution to first time buyer with family support to get them on the property ladder.
Last updated 26 March 2020.
- No credit scoring
- Available for First Time Buyers or want a step back onto the property ladder
- No higher lending charge
- Minimum property value £100,000
- No release of security within the initial product term
- No borrowing deposit required
- Indepedent legal advice required for family supporter
- 5% annual overpayments
- Loan advance up to 100% LTV of purchase price which is supported by the security of family's property or savings to 20%
- Not available for new build housing
- No Family Step products available