Help to Buy equity loan repayment figures kept under wraps – until now. We are currently receiving a high volume of Help to Buy: Equity Loan applications. Find new build Help to Buy properties in London with the UK's Number 1 new home property portal, WhatHouse. The Homes for Londoners property search tool is a new way to find a home to buy or rent in the capital. London Help to Buy is available (barkingriverside.london). Have a look at the different Help to Buy schemes available and the eligibility criteria for each of them. Fixed price. Awards. The Government will lend you an interest-free equity loan (first five years of owning your home) lending you up to 40% of the cost of your apartment – up to £600,000, so you’ll … Owning your own piece of the city just needs a 5% deposit and 55% mortgage, and if you reserve selected plots by 15th December 2020, you will still qualify for the current London Help to Buy scheme before it changes in April 2021. £286,000 London Help to Buy is available (barkingriverside.london). If you are a Developer, Solicitor or IFA then you can find out about Help to Buy here. London has one of the most extensive public transport systems in the world. New build properties within the 32 boroughs of London up to the value of 600000 are eligible for the Help to Buy London scheme. *We are getting a high number of calls at the moment. Awards. Virtual viewings available! New build flats & houses for sale in London This is affecting our phone lines and means you may not be able to get through by phone. These apartments are highly sought-after due to their excellent parkside location with great travel links and the modern specification including integrated appliances. Three communal roof terraces with fantastic views, a residents' lounge, co-working space and a wellness room. We're building in new communities across the UK, and Help to Buy is available at many of them. The scheme is currently available to both first and second time buyers and is a great way to own a new home in the city. The Help to Buy schemes allows first-time buyers in London to buy a house with a minimum of a 5% deposit and has recently been extended by the government until 2023. Together these schemes have helped thousands of first time buyers and home movers purchase a new home – in London too! Help to Buy: Equity Loan, which is open to first time buyers and movers, will end in March 2021. If you want to go ahead with a Help to Buy application, there are five steps to the process: Awards. Find New Builds & Developments For Sale in London with Rightmove. One of the most popular schemes is the government’s Help to Buy (HtB) equity loan. Help to Buy is now available! It was announced in Chancellor of the Exchequer George Osborne's 2013 budget speech, and was described as "the biggest government intervention in the housing market since the Right to Buy … If you are unhappy with a service we provide, we want to know so that we can put things right and avoid it happening again. This apartment comes complete with a modern interior throughout including a breakfast bar to the kitchen space and a fitted wardrobe, a balcony, an easy chain free move plus a 10 year warranty for peace of mind. If you are eligible, you can buy a newly built home at Royal Wharf using the Governments Help to Buy scheme. As rising house prices mean a continued struggle when it comes to raising a deposit, the government has also introduced variations on the same theme. • Confirmation to Developer (CTD): 2 working days. 24 October 2019. Help to Buy: Bargain homes for first-time buyers in London Andrea Dean Tuesday 8 Dec 2020 11:21 am Share this article via facebook Share this article via twitter Share this article via messenger The government has created the Help to Buy schemes including Help to Buy: Shared Ownership and Help to Buy: Equity Loan to help hard-working people like you take steps to buy your own home. All Rights Reserved. Fixed price. New Homes. There are no changes to the current Help to Buy equity loan scheme which runs to March 2021. £260,000 Typically home buyers pay a premium to live close to a Tube, rail or Overground station, but new data reveals areas that still offer value for money and a convenient journey to major Own 100% of your home for 20% less! Coming soon to Hayes will be a brand new selection of studio, 1,2 and 3 bedroom apartments, located on Pump Lane in Hayes. When Deene Tetther and his wife Louise decided to move out of rented accommodation and find a home of their own they assumed they weren’t eligible for the government’s Help to Buy scheme as they had both owned homes previously. Previous Winners. So, to make the most of Help to Buy in England, search for a new home today. You won't be charged loan fees on the equity loan for the first five years of owning your home. It’s important to get independent advice before you apply for the Help to Buy scheme, as there may be another option that is better-suited for your personal circumstances. The starting point is just under £60,000 for 25 per cent of a one-bedroom shared-ownership flat. Appointed Help to Buy for a new way to find out the.... 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