Help to Buy enables 5% deposit and other savings.
Is it available at Park Reach?
The second part is easy....yes it is available at Park Reach, on the first eight units to use it.
Help to buy allows you to buy a new home perhaps sooner than you think.
You only need a 5% deposit
The Government loans you up to 20% of the value of the properties (a big boost to you deposit)
The loan is interest-free for five years, making your dream home more affordable.
You only need to secure a 75% mortgage and this usually costs far less than a higher loan to value mortgage.
There are a range of competitive mortgage rates available with this scheme, so it's worth comparing lenders to find the best deal.
Park Reach Qualifies:
Feltham are a registered provider of Help to Buy and as such all of our properties at Park Reach can benefit from the scheme.
Most people know that Help to Buy is available for first time buyers, but existing homeowners can benefit too. There are no income or savings exclusions and you don't need to be a first time buyer. Taking advantage of Help to Buy is as simple as discussing your needs with First Extra.
There are a few important conditions:
the home you buy must be your only residence
the scheme isn’t available for buy-to-let investors
the scheme isn't available to those who will own any other property after completion.