Whether you’re a first time buyer or an existing homeowner, the Government’s Help to Buy scheme can get you moving, with only a 5% deposit.
Eccleston Homes offers the Help to Buy scheme, helping first time buyers and existing property owners take the steps to buy their own home, on new-build properties priced up to £600,000.
So whether you’re looking to move for more space, relocating or just trying to make those first steps onto the property ladder, the popular Help to Buy scheme allows you to buy your brand new Eccleston home with just a 5% deposit.
Contact your friendly sales consultant on your chosen development or call 0800 693 3314 to find out more.
Putting the next rung on the housing ladder, well within reach.
Help to Buy calculator
With Help to Buy, you can buy a new home with just 5% deposit
Available on new-build homes in England up to £600,000. Subject to lenders’ specific terms and conditions and qualification criteria.
Additional information about the Equity Loan scheme:
- You won’t be charged any loan fees for the first five 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 – based on the Retail Prices Index plus 1%.
- With Help to Buy, you own 100% of your home. The only difference is you you have two loans against your property; one being the mortgage and the second being the Equity Loan. The mortgage is repaid in the normal way with the Equity Loan being paid back on the future sale of your home, or at the end of the mortgage term.
- You can also pay back part or all of your Equity Loan at any time. The minimum percentage you can pay back is 10% of the market value of your home. The amount you pay will depend on the market value at that time.
Available on new-build homes in England up to £600,000. Subject to lenders’ specific terms and conditions and qualification criteria.
For the first five years of Help to Buy home ownership you will pay an initial monthly management fee of £1. This continues until the loan is repaid. After five years, the Equity Loan will be subject to an additional interest fee (collected from you on behalf of the Agency by the Agency’s Mortgage Administrator) of 1.75% per annum on the outstanding amount of the Equity Loan. From the fifth anniversary of the loan this fee will increase each year by the increase (if any) in RPI plus 1%.
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