Are there any mortgage schemes for people with low incomes?
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Are there any mortgage schemes for people with low incomes?
My mother wants to sell her current house ( she has a terrible mortgage deal) and buy a new one, but at the age of 57 and on a very low income she will not exactly bode well with banks. I was enquiring to see if there were any mortgage schemes designed at helping slightly elderly persons in attaining a house. I saw that the Uk government had launched the first buy scheme but unfortunately my mother is too old to apply for this.
Any advice would be greatly appreciated.
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Moartgages
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