5% Deposit – 100% yours!
One of the things to come out of the recent lockdowns is a steady stream of first-time buyers, ready to take their first step onto the property ladder. With the Government’s Help to Buy scheme, you too could make a fresh start in a stylish new home for less than you thought.
Help to Buy is a Government-backed scheme, exclusively for first-time buyers, offering an equity loan to purchase a newly built home. You can buy a new home with just 5% deposit, and the loan allows you to borrow up to 20% of the property value, interest-free for the first five years.
Patrick Gardner & Co are currently marketing two Help to Buy developments in Leatherhead.
Both developments are within easy immediate reach of amenities, including a Waitrose supermarket, and an easy walk to Leatherhead mainline rail station. Excellent transportation links are close by, the M25 and both London Gatwick and Heathrow airports within easy reach.
Devonshire House click here
25-29 High Street click here
How to Apply for a Help to Buy Equity Loan
Before you get started, make sure you have funds for a new home reservation fee (up to £500) and a 5% deposit (payable on exchange of contracts). This is less than you’d typically need to get a mortgage without Help to Buy.
Step 1 Check your affordability.
Our New Homes Sales executives will put you in touch with an independent mortgage advisor who will assess your affordability and help you to secure a mortgage offer 75% of the value of the property, which will run alongside your Help to Buy Equity Loan.
Step 2 Find your dream home.
Search for new homes using the Help to Buy website www.helptobuyagent3.org.uk/find-a-home or on the Patrick Gardner website www.patrickgardner.com. Call one of our New Homes sales executives on 01372 360832 who will be happy to discuss your requirements and book an appointment to view the property of your choice.
Step 3 Reserve your new home
Reserve your home with one of our New Homes sales executives, who will guide you through every step of the buying process.
Step 4 Apply for your Help to Buy Equity Loan
You’ll need to register with Help to Buy and complete a property information form in order to apply for a Help to Buy Equity Loan, worth up to 20% of the price of your new home.
Step 5 Support and guidance every step of the way
Buying a new home is exciting, but it can be daunting too. Our friendly New Homes sales executives will be on hand to make sure you have all the support and guidance you need during the buying process and your Help to Buy application.
Contact Patrick Gardner Land And New Homes on 01372 360832