Help To Buy: Equity Loan
The Help to Buy scheme has now changed and the new Help to Buy: Equity Loan (2021-2023) is only available to first time buyers. The new regional price cap will restrict the value of the home you can buy using the new scheme. In London the value of the property eligible to use the new scheme is £600,000.
First time buyers can purchase a stunning contemporary new home at Fish Island Village using the Help to Buy: Equity Loan with just a 5% deposit required. You will then be able to access up to 40% of the property price through an Equity Loan which is provided by the Homes and Communities Agency (HCA). You will then require a 55% mortgage to cover the cost of your home at Fish Island Village.
*Help to Buy: Equity Loan is available on selected homes at Fish Island Village up to the value of £600,000 and applicable to first time buyers only. For more information on Help to Buy visit www.helptobuy.org.uk