Help to buy new build
The Government's Help to Buy scheme is open to both first-time buyers and home-owners purchasing new build homes with a purchase price of up to £600,000. Buyers will need to contribute at least 5% of the property price as a deposit, and then the Government will provide a loan for up to 20% of the price which is interest free for the first 5 years. A mortgage of up to 75% covers the rest on the bases that you have a 25% deposit.*
David Westgate, Head of Land & New Homes at Andrews, says of the scheme: "Many property buyers look at this scheme and think it's too good to be true, but thousands of home buyers are taking advantage so we would anyone considering a move to contact us before the funding runs out".
* Terms and conditions apply.
Striving to create perfection in an ever growing collection of beautiful properties.David Westgate, Group Chief Executive