THE BUYING PROCESS
From our easy to use search engine, find the home which is right for you. If you can’t find what you’re looking for, contact us.
- Visit the site, view the property and look over the plans for the development.
- Buying your home off plan will give you the opportunity to add your own personal touches to the design before it is finished.
- Once you are 100% happy, we will reserve the property for you. On payment of a deposit, we will start the sale process.
- Exchange of contracts.
- Completion takes place and the keys to your dream home are yours!
1) Help to Buy Equity Loan
You can get a Help to Buy Equity Loan on new build homes up to £600,000 in England, £250,000 in Scotland and £300,000 in Wales. You’ll only need to secure up to a 75 per cent mortgage from a bank or building society.The Government will lend you an equity loan up to 20 per cent of the property value, which can be repaid at any time during the loan term or on the sale of your home.In England and Wales, you won’t be charged any loan fees for the first five years of owning your home. In Scotland, there are no loan fees to be paid. Plus, there is a range of competitive mortgage rates available, which means you'll be able to find something that suits your budget.
2) Help to Buy Mortgage Guarantee
You can get Help to Buy Mortgage Guarantee on new build homes and older homes of up to £600,000 in England, Scotland and Wales. You’ll need to secure up to a 95 per cent mortgage from a participating lender. The lender can now offer this higher loan to value mortgage as the Government will provide them with a guarantee of up to 15 per cent of the property value.
In the Armed Forces? Find out how Help to Buy works for you.
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