BUY TO LET & PROPERTIES TO RENT

If you are looking to purchase a new home as ‘Buy to Let’, we can advise estimated rental values.
If required, our in-house interior designer will be happy to source furniture or put together an entire ‘package’, saving you time and effort.

If you are looking to rent one of our properties, please contact us for details of our portfolio of luxurious rental properties. Our new homes are of a high standard and are much sought-after for rental purposes.

 

HELP TO BUY AVAILABLE WITH US

Help To Buy is a Government-backed scheme which means that, if you’re eligible, you are able to buy your new build home with a cash deposit of just 5%.

The scheme is available with any of our new homes priced below £600,000

 

WHAT IS HELP TO BUY?

The Government lends you up to 20% of the cost of your home, so with your 5% deposit, you’ll only need a 75% mortgage to cover the rest. The equity loan is interest free for the first five years.*
The loan is paid back either at the end of the mortgage term or when you sell your home.

A Summary of the Help to Buy Equity Loan:

Available on new build homes up to £600,000 in England

The Government lends you up to 20% of the property value through an Equity Loan

The loan can be repaid at any time during the loan term or on the sale of your house

You won’t be charged any loan fees for the first five years

You will need to secure a mortgage of up to 75% of the property’s value

You will need to pay a deposit of at least 5% of the property’s value

There’s a range of competitive mortgage rates available so you’ll be able to find something to suit your budget.

 

HELP TO BUY
AN EXAMPLE

If you’re looking to buy a new home priced at £595,000

you’ll need to put down a deposit of £29,750

and the Government will provide you with an equity loan of £119,000

That means you’ll need a mortgage to cover the remaining 75% (£446,250)

At the end of the five year period, you’ll pay just 1.75% interest
which will rise annually depending on inflation (the increase, if any, in the Retail Price Index + 1%)