Help to Buy available for First Time Buyers – A government-backed scheme, helping you to secure more home for your money – all you need is a 5% deposit and to secure a 75% mortgage, with the government providing the remaining 20% as an interest-free loan, for the first five years.
Talk to us today about how you can use Help to Buy at Novus in Slough. We can talk you through how the scheme works and can provide you with more information – simply call us on 01753 326146 today.
For an example breakdown of how this could work for you please click here.
DISCLAIMER: *Eligible applicants will be offered an equity loan up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. For the first five years there is no fee charged on the equity loan component. At the start of year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1%. The equity loan is provided by the HCA and held as a second charge. Terms and conditions apply, and full details will be provided on request. This offer is subject to status and only available on selected properties in England only. It is not offered with any other promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.