Who administers the loans?

The loans are administered on behalf of the HCA by a company called Target Services Limited (Target).

Find out more about Target HCA Help to Buy.

The loans provided can be up to 20% of the cost of the home you buy and are interest free for up to 5 years.

For more details on how Help to Buy works we think this is a useful read: https://www.moneysavingexpert.com/mortgages/help-to-buy-equity-loans/

If you decide to sell your home, remortgage or redeem your Help to Buy loan you will have to instruct a valuation by an independent RICS certified surveyor. The valuation is only valid for 3 months.

I want a Help to Buy Valuation

If you want a Help to Buy valuation, these are the steps you need to take:

• Appoint a RICS regulated surveyor
• The RICS regulated surveyor must be completely independent, not related to you and not associated with an estate agent
• The valuation report needs to meet specific and stringent criteria in order for it to be accepted
• The valuation report cannot be carried out for bank or mortgage purposes
• The report MUST include at least 3 comparable properties and sale prices
• The report must meet Target’s full criteria
• If it is rejected, getting a new report that does meet the criteria is your responsibility. This includes paying for a new valuation.

Why JDB Surveys?

• We have extensive experience providing Help to Buy valuation reports, getting it right first time
• We have been undertaking these valuations from the start and to date we have a 100% HCA approval rate
• We have extensive experience within the Liverpool and surrounding areas, so can provide the comparable valuations required by Target
• We have extensive experience valuing and surveying all types of property including new build.

Take the next step

For more information on Help to Buy Valuations please call us on 07730 760887 or drop us a message.

We will be happy to talk you through the process and provide you with a no obligation quote for your Target HCA Help to Buy Valuation.