Some lenders will remortgage your Help to Buy with the loan remaining. Alternatively, you can also choose to pay off your equity loan which is know as staircasing where you partially pay off the loan. However, the minimum you can repay using staircasing is 10% of the total value of your home.
Hi Tracey Many thanks for sending this through and for the advice – most helpful. I have just sent the documents and spoken with Target on the phone (Caitlyn) who took my payment, looked over the documents and uploaded them to the redemption team as we spoke. Thanks again for yours and Richard’s help. All the Continue Reading
