28 Feb 2016

A question about : Key Worker Living

Do any of you guys know anything about this scheme?

Basically, my partner and I are moving from Liverpool to Essex - she's taking up a permanent teaching position in Basildon.

Our combined salaries are Ј45,000 - we're looking to buy an apartment for around Ј140,000 - Ј160,000.

From the Moat webiste we appear to be eligible for an equity loan but do you know the figures involved? How much might we me able to get as an equity loan from the figures I've provided here?

Thanks in advance...

Best answers:

  • Why not contact Moat & ask them, as they should be able to give you all the info you need?
  • I did contact Moat in the first instance but understandably they were not keen to give specific monetary examples.
    I was just wondering whether any of you on the board knew what kind of formula they might apply to applications.
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