Help to Buy: What you need to know – Buy your home with just a 5% deposit

house to buy fleetwood

Help To Buy is a government scheme that allows and aids home owners and first time buyers to purchase a home with only a minimum requirement of just a 5% deposit.

The government has created the Help to Buy schemes including Help to Buy: Shared Ownership and Help to Buy: Equity Loan to help people like you take steps to buy your own home.

The Radcliffe Road development is able to offer potential buyers the Help to Buy: Equity Loan option.

With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home.

See more here.

Why not contact our estate agent to find out more information, to talk to somebody face to face and to see if you would be eligible to own one of our affordable homes using Help to Buy.

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