It’s always a surprise when we tell first-time buyers or homeowners that are looking for their dream home, that they can purchase a property at Wynyard Park by using the government’s Help to Buy equity loan scheme.
The scheme is an ‘equity loan’ where the government will loan you up to 20% of the value of your new home. Here’s what you need to know:
You won’t be charged loan fees for the first 5 years of owning your home. In the 6th year, you’ll be charged a fee of 1.75% of the loan’s value. After this, the fee will increase every year for up to 20 years. The increase is worked out by using the Retail Prices Index plus 1%.
Good news for you, the help to buy scheme is available across all the ready to move into homes here at Wynyard Park including:
The current scheme is ending in March 2021, but it will be replaced by a new scheme, which will run from April 2021 until March 2023 – however, it will only be open to first-time buyers and have regional property price caps. This is an amazing opportunity for you to purchase your dream home, but don’t miss the chance, add the dates into your diary if you’re not looking to move just yet!
Visit our sales suite and speak to a member of our team that will provide you with all the information you need to start the process.
Monday – 8:30am until 5pm
Tuesday – 8:30am until 5pm
Wednesday – 8:30am until 5pm
Thursday – 8:30am until 8pm
Friday – 8:30am until 5pm
Saturday – 11am until 5pm