Octagon Finance can assist first-time buyers with the mortgage process, providing guidance and support throughout their property purchase.
How Octagon Finance can help you get onto the property ladder with Andium Homes
As an approved broker for the Andium Homes schemes for first-time buyers. Octagon Finance can guide you through the entire process, from checking eligibility to completion.
Our experienced advisors guide first time buyers to:
Ready to Take The First Step?
Octagon Finance is here to make it as simple and stress-free as possible. If you’re a first-time buyer in Jersey, the government-backed Andium Homes Homebuy and Purchase Pathway schemes could be your perfect way onto the property ladder.
A mortgage “Agreement in Principle” (AIP) is a quick and tailored estimate of how much you may be able to borrow to purchase a property.
Once we have your documentation, Octagon Finance can provide your AIP.
Come and speak to us at Octagon Finance, 3 Mulcaster Street, St Helier, give us a call on 01534 744900, or Get in touch using the link below.
Documentation required:
Book an appointment at Octagon Finance to talk through your options for purchasing your first home through Andium Homes. Paul will help you to fully understand the Mortgage process and give you expert advice every step of the way.
Find out how much you could borrow for your Andium home and get a quick estimate of what your mortgage could look like.
Got questions? We’ve got answers.
As an approved broker of the Andium Homebuy scheme, Octagon Finance can help you, as a first-time buyer, get onto the property ladder.
The Homebuy scheme enables you to purchase an Andium Homes property with 0% deposit, and you only need to mortgage 75% of the cost of the property, the remaining 25% of the sale price is deferred.
The Assisted Purchase Pathway is an eligibility list you must join first, while Andium Homebuy is the scheme that allows you to buy the property.
How Octagon Finance Helps:
As an officially supported broker for Andium Homebuy, Octagon Finance can quickly evaluate your borrowing power and issue the required Mortgage Agreement in Principle (AIP) before you view or register interest in a property.
Get your AIPA mortgage “Agreement in Principle” (AIP), sometimes called a 'Mortgage in Principle', 'Decision in Principle', or 'mortgage promise'. It is a tailored estimate of how much you may be able to borrow to purchase or remortgage a property.
An Agreement in Principle is an important first step to purchasing a property through the Andium Homes schemes.
Contact Octagon Finance today with 3 months of recent payslips, or for self-employed applicants, 2 years of trading accounts. We can provide you with an AIP within one working day.
Get your AIPStamp Duty is the tax payable at the time your ownership contract is passed through the Royal Court in Jersey.
Reduced stamp duty rates are available to first-time buyers. Homes up to £350,000 carry a 0% tax rate, properties between £350,000 and £600,000 are taxed at approximately 1%, and a sliding scale applies for values up to £700,000. Purchases above £700,000 are subject to standard stamp duty rates.
