Reserve this home now using the Government Help to Buy scheme which gives you the opportunity to own 100% of your home for 80% of the price, with a 5% deposit.
Your mortgage 75% £262,500
Deposit 5% £17,500
Equity Loan 20% £70,000
Total Purchase Price £350,000
what is help to buy?
With Help To Buy you can buy your new home with the assistance of a Government funded loan. (T&c's apply)
The Government will lend up to 20% of the value of a new build home through an equity loan*. The buyer contributes a deposit of their own (minimum 5%), then the Help to Buy scheme supplements that deposit to provide a 25% deposit in total. This leaves the buyer needing a mortgage for 75% of the property value.
*The government equity loan is interest free for the first five years. From year six a fee of 1.75% will be charged, rising annually by rpi inflation plus 1%. The equity loan can be repaid at any time within 25 years (or the terms of the mortgage), or on sale of the property.
Only two apartments available, prices from £350,000. Call us now for further information and to arrange your appointment to view .
Agents Note: Images used are of the First Floor Apartment- Plot 10.
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Andrews - New Homes Bath/Bristol. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Andrews - New Homes Bath/Bristol for full details and further information.