MI New Home
- MI New Home
NOW LAUNCHED! MI New Home is an innovative new scheme which aims to help those with only a 5-10% deposit buy a new build home.
Supported by the Scottish Government, it is open to anyone looking to buy a new build home and enables participating lenders to offer up to 95% mortgages on homes up to £250,000 sold by participating builders.
Click here to visit the new MI New Home microsite where you can find information on:
- what it is and how it works
- qualification criteria
- what to do next
- participating builders
What you need to know when considering a MI New Home mortgage
Click here to read the CML's useful MI New Home guide.
Click here for full details.
Media enquiries: Jennifer Kennedy, Membership & Comms Manager
Interested builders: Karen Campbell, Head of Policy & Operations
Tel: 0131 455 8350