Help To Buy
The Help to Buy scheme allows homebuyers to own 100% of a new Larkfleet home with just a 75% mortgage and a 5% deposit. The remaining 20% of the purchase price is paid for through an equity loan from the government (subject to approval).
The equity loan is interest-free for 5 years and can be repaid at any time or on the sale of the home.
- 75% mortgage.
- 5% deposit required.
- 20% equity loan from the government - interest-free for the first 5 years.
- Equity loan can be repaid at any time or on the sale of the home
Find out how Help to Buy could work for you by calling one of our sales advisors on 01778 391555.
Full terms and conditions apply to the Help to Buy Scheme. Eligibility for the Help to Buy scheme is subject to status, compliance with 'Help to Buy' Terms & Conditions and the scheme is available only on selected Larkfleet properties. Eligible applicants will be offered an equity loan up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings/deposit where required. The equity loan is provided by the Homes & Communities Agency and held as a second charge. This offer is not available in conjunction with any other promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT.