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.
Get in touch on 01205 354 679 or…