Help to buy


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Do you require some extra support in purchasing your new home? The Government's Help to Buy Equity Loan may be the solution. Available for both first-time buyers and existing homeowners, the scheme offers an excellent opportunity to get you onto the property ladder or make the transition into a new home.

WHAT DOES THIS MEAN FOR BUYERS?

If you qualify for the Government's Help to Buy Equity Loan, you could be eligible to borrow up to 20% towards your new home, meaning you can pay as little as a 5% deposit.

For example, if a home cost £400,000, the Government's Help to Buy scheme could lend you up to £80,000. You would then pay a £20,000 (5%) deposit and the remaining 75% would be mortgaged from a commercial lender.

What's more, you won't be charged any interest (on the Government loan) for the first five years, and you can repay the loan at any time or on the sale of your home.

A FEW OF THE MUSTS...

The home must be a part of a new build property development. It must be your only home. You must live in and not sublet your home. The value of the property must be £600,000 or under.

Like anything, buying a home can feel like a complicated process, so it is our mission to make your journey into your new home as simple and enjoyable as possible.

To find out more about our Help to Buy scheme, contact our sales team on 0161 830 7392 or visit www.helptobuy.gov.uk.

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