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(NB: the scheme will only be available to first time buyers from 1 April 2021). Prices are correct at the time of publishing. Persimmon cannot advise you on a mortgage. Terms and conditions apply. Not to be used in conjunction with any other purchase assistance scheme, offer or promotion. In excess of 8,300 sq ft, the sensitive modernisation of the six-bedroom townhouse … • The Government will lend you up to 40% of the value of your property in London … Applicants are required to fund at least 60% of the purchase price with … Featuring premium German kitchens by Hacker, the gated development … Find new build Help to Buy properties in London with the UK's Number 1 new home property portal, WhatHouse. Non-BT customers and mobile phone users should contact their service providers for information about the cost of calls. You’ll have to qualify for a standard mortgage for the … YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE, YOUR EQUITY LOAN OR OTHER DEBT SECURED ON IT. HM Government will lend you an equity loan of up to 40% of the full purchase price of the home, it's interest-free for the first five years. Get a 40% equity loan from the government*. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Solis Mews is a striking new collection of just 10 contemporary mews homes in the heart of Eastcote available with HELP TO BUY. London Help to Buy is only available on new-build homes like those built by Persimmon. Trees, planting and public open space shown are indicative, actual numbers and positions may vary. Three communal roof terraces with fantastic views, a residents' lounge, co-working space … Help to Buy: Equity Loan, which is open to first time buyers and movers, will end in March 2021. advice for first-time buyers. Buy the home you need now with a 55% mortgage. Shared ownership is popular in London… The London Help to Buy scheme could make buying your own home more affordable, helping you to buy a brand-new home sooner than you think. With homes ready to move into and Help to Buy available, make Woodhurst Park your home with the 65 acres of beautiful country park to enjoy.... View Development Berkeley The scheme helps to keep your mortgage payments lower by boosting your deposit. Calls to 03 numbers are charged at the same rate as dialing an 01 or 02 number. View our wide selection of houses and flats for sale in London. Help to Buy is a Government backed scheme available across the UK that allows you to buy a home with just 5% deposit. All Rights Reserved. There are regional property price caps (shown below). Help to Buy Equity Loan Buy a New Home up to £600,000 with 'Help to Buy London' Up to 40% equity loan from the Government with just a 5% deposit Help to Buy London Sold House Prices. Travel times and distances assume journeys are made by car. - no more than a 55% repayment mortgage. Help to Buy. For full guidance from Homes England, take a look at: Considered to be the archetypical London mansion, this exceptional Mayfair mansion sits in the heart of central London. The price of the home you can buy using Help to Buy depends on where the home is. See how our teams are, 5 Star homebuilding for 11 years in a row, The Homebuyers' Guide to Help to Buy: Equity Loan, For new homes in the 32 London Boroughs & City of London. Help to Buy London - Here's How It Works. Shared Ownership homes in North London also offer affordable options to allow buyers to unlock the door to their dream home. For full details on the HM Government-backed Help to Buy: Equity Loan scheme please visit www.helptobuy.gov.uk. Site plans does not form any part of a warranty or contract. Following withdrawal or termination of any offer, We reserve the right to extend, reintroduce or amend any such offer as we see fit at any time. Is the scheme available as a buy-to-let option?The London Help to Buy: Equity Loan is only available to purchasers using the property as their main residence. Images include optional upgrades at additional cost. You won't be charged loan fees on the equity loan for the first five years of owning your home. Registered in England No. Available to first time buyers. Three main options are available to applicants: Shared Ownership, Help to Buy and First Dibs for Londoners. What is the Help to Buy equity loan? If you continue without changing your settings, we'll assume that you are happy to receive all cookies. - a minimum 5% cash deposit; and Persimmon can provide you with a list of recommended solicitors and/or financial advisers as necessary. The London Help to Buy: Equity Loan is available on new-build properties within the 32 boroughs of London and City of London up to £600,000. Where schools and other educational facilities are mentioned they are intended to highlight their distance from the development and don’t represent a guarantee of admission or eligibility. From year six a fee of 1.75% is payable and will rise annually by RPI inflation plus 1%. The dimensions shown are approximate and the precise measurements may vary. ‡London Help to Buy – Eligible applicants will be offered an equity loan of up to 40% of the purchase price at the open market value. A new Help to Buy: Equity Loan for first time buyers only will replace it on 1 April 2021. Today we have over 340 employees dedicated to developing the homes and creating the places that London … Eligible applicants will be offered an equity loan of up to 40% of the purchase price at the open market value. How does London Help to Buy work? For full details on London Help to Buy please visit: www.helptobuy.gov.uk/equity-loan/london-help-to-buy/. Search by Location. Available exclusively to first time buyers on new-build homes only. Where is the scheme available?London Help to Buy is available across all Persimmon developments within the 32 boroughs of London and City of London on homes up to £600,000. Copyright 2020 Persimmon plc. Established in 2000, Telford Homes has grown to become one of London’s largest residential developers. You must: be a UK resident be purchasing a new build home not own any other property at the time of the equity loan not rent out the home for buy-to-let purposes generate enough income to keep up the … The Help to Buy scheme can help both first time buyers and home movers purchase your ideal home. (NB: there are price cap changes from 1 April 2021). Part Buy/Rent. Housebuilder Directory. Applicants are required to fund at least 60% of the purchase price with a conventional main mortgage and minimum of 5% cash deposit. If your fixed line or mobile service has inclusive minutes to 01/02 numbers, then calls to 03 are counted as part of this inclusive call volume. These aim to make sure the scheme is accessible to those who … If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property's value. Secured on it, Registered Office: Persimmon House, Fulford, York UK, 4FE! Buy scheme can Help both first time buyers and home movers purchase ideal! 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