Helping First Time Buyers get their foot on the property ladder
We understand that the costs associated with buying your first home can be huge. If you’re almost there but need some help on the final stretch, we may be able to help. We provide loans which may be used to top up your deposit, spread the cost of your solicitor fees , removal costs or other fees associated with moving into your home (subject to eligibility).
Borrow from £1,000 to £5,000
Typical 4.2% APR
Range of repayment options based on your circumstances
Up to 10 year repayment period
Option to pay loan off early with no fees or extra charges
No obligation home visit from your local adviser
Our First Time Buyer Loans are currently available in North Somerset, West Somerset or Sedgemoor only.
Each Council has its own policy as to who is eligible to apply for a first time buyer loan.
If you live in North Somerset, click here to find out more.
If you live in West Somerset or Sedgemoor, click here to find out more.
We see you as an individual, not a credit score. If your application is successful, we guarantee your credit or financial situation will not mean an increased interest rate.
Everyone receives the same interest rate, whether you borrow £1,000 or £15,000 and no matter what your circumstances.
Our Home Improvement Loans replaced council grants in 2006. By providing loans, council funds are recycled meaning that funds lent are repaid into the council’s pot to be re-lent again, and again, and again, and again…! In doing so, we are creating a sustainable funding stream for home owners across the South West.
To find out more about the different home improvement loan products we offer, click here.
Try the Wessex Resolutions loan calculator
Find out if you are likely to be eligible for a loan:
- This won’t impact your credit rating
- Your adviser will talk you through how much you could borrow, the loan products to suit your needs and means and the application process.
Call us today on 01823 461099, email email@example.com or complete our Enquiry Form and your adviser will be in touch to discuss what a home improvement loan could look like for you.
Loans are subject to eligibility and status.
Loans have a fixed interest rate and typical 4.2% APR. Missing future payments could affect your credit rating and ability to obtain credit in the future.
Wessex Resolutions CIC may insist on loans being protected at the Land Registry by a Title Restriction.