Help To Buy available in Lincolnshire
Help To Buy available in Lincolnshire – Purchase your new SPC Home for just 80% of the price!
With Help to Buy’s equity loan the Government lends you up to 20% of the cost of your new-build home, so you can secure your new home with a low deposit of 5% and a 75% mortgage to make up the rest.
The Help to Buy scheme is open to all buyers purchasing a new-build home; not just first-time buyers.
- You will own 100% of the property.
- You have 25 years to repay the loan.
- There is nothing to pay on the equity loan for the first 5 years.
- In the 6th year the interest will be payable at a rate of 1.75% (increasing at RPI + 1% per annum).
- The maximum purchase price is £600,000.
- Your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured on it.
- The minimum deposit required is 5%.
*Terms and Conditions apply.
**This scheme is available on most developments, but may not be available on all properties. Please speak to our Sales Advisors on 01205 354679 for more information or Contact Us.