HELP TO BUY
Secure a new home with Help to Buy at Regents Place and you could benefit from:
A smaller deposit requirement
A Government backed, interest free loan (for the first five years)
Access to cheaper mortgage rates
Help to Buy is a Government backed scheme, which is accessible for all movers – not just first time buyers. You can own 100% of your home with just a 5% deposit and a 75% mortgage.
With a Help to Buy Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. This means you own 100% of your home and you can take advantage of lower mortgage repayments.
You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
Help to buy is available on new homes with a value up to £600,000.