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Not available for second homes or buy to let properties.
New build homes london help to buy. The hm government backed london help to buy scheme. If you have your heart set on a superb new fairview home or apartment in the capital and you have a deposit of just 5 london help to buy can help. Equity loans for help to buy new build homes up to the value of 600 000 in england and 300 000 in wales. With london help to buy you could get up to 40 of the price of a new home funded by the government in the form of a 25 year equity loan.
Any new build home in london up to 600 000. Available on new build homes up to 600 000. The help to buy scheme is available to both first time buyers and current homeowners looking for a new build. 40 government equity loan interest free for the first 5 years.
Experience luxury london living with just 5 deposit with help to buy make the most of this government backed scheme for help to buy homes in london. Can i buy any home with help to buy london. Homebuyers who may not be eligible for the new help to buy. You only need a 55 mortgage.
Equity loan will need to complete the process to buy a new home by 31 march 2021. A collection of new homes all available with help to buy and benefiting from a terrace area open plan living kitchen and dining room and fitted wardrobe. Equity loan is available on new build properties within the 32 boroughs of london and city of london up to 600 000. From 1 april 2013 to 31 march 2018 169 102 properties were brought through the help to buy equity loan and 81 of these properties were purchased by first time buyers.
The london help to buy scheme is a popular government backed initiative helping first time buyers as well existing homeowners move up the london property ladder. The london help to buy. Plus all homes are chain free and finished to a modern and high quality specification. New buyers and homeowners need just a 5 deposit.
Help to buy london is not just for first time buyers and there is no maximum income cap. What is help to buy. Find new build help to buy properties in london with the uk s number 1 new home property portal whathouse. You could borrow up to 40 of the purchase price from the government and move into your redrow new build home with as little as a 5 deposit.
Just a 5 deposit is required.
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