A BRAND NEW COLLECTION OF HOMES TO SUIT EVERYBODY THROUGH HELP TO BUY
Thanks to the recent Government announcements in the Budget, you could soon be taking your next step on the property ladder.
Help to Buy will help make mortgages more readily available, especially those struggling to raise a large deposit. With two different options the scheme provides assistance to all buyers, whether you’re looking to take your first steps to home ownership or move up into a bigger home. The Government will support buyers who have at least a 5% deposit, by providing either an equity loan or a mortgage guarantee
Option 1: Equity Loan
Why is this for me?
I want to make my mortgage repayments more affordable
- You will need a minimum 5% deposit to qualify
- You will only need to secure up to a 75% mortgage
- The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time or on the sale of your home
- This expands the existing First Buy scheme and is now available to all, not just first-time buyers
Option 2: Help to Buy Mortgage Guarantee
Why is this for me?
I only have a small deposit, but I can afford repayments on a 80-95% mortgage
- Available on new homes from January 2014
- You will need as little as 5% deposit to qualify
- You’ll need to secure a mortgage for your purchase. The Government guarantee will encourage lenders to offer better access to low-deposit mortgages
- Available to existing homeowners as well as first-time buyers
*Eligibility conditions apply, On selected plots only. Countryside Properties terms and conditions apply. Countryside Properties have the right to withdraw the offer at any time.
New Broughton Village, Broughton Lane, Salford, M7 1UF
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