Am I eligible for a key worker mortgage?
Posted on 28 August 2007
I am a civil servant currently working for Her Majesty's Courts Service, part of the Ministry of Justice. I understand that the government runs a 'key workers' mortgage scheme. Can you give me any information as to whether this applies to me and, if so, how I can obtain such a mortgage?
I believe that you have to speak to your own HR department to ascertain whether your employer/Ministry has been granted allowance for their staff to be eligible (places are limited and governmental departments/schools etc. have to apply). Once you have done this, i'm told you are allocated a Keyworker advisor who will give you information on which sort of grant/loan is available to you. After this, you can come to us and we will match you up with a lender. This is the easy part; there are several now who offer mortgages to combine with Keyworker schemes.
Katie
Category: Special circumstances
Answers provided in response to Ask Bea are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Bea will accept liability for them.
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