21 Sept 2012

SS Group of Companies and SS Group Uk are backed by the home buying incentive scheme for purchase of any of their new build properties across the Midlands

What is Help to Buy?

With Help to Buy, you could buy a brand-new home sooner than you think.

You only need a 5% deposit.

The Government lends you up to 20% of the value of the property.

The loan is interest-free for 5 years, making your dream home more affordable.

You then need to secure a 75% mortgage.

There are a range of competitive mortgage rates available with this scheme, so it’s worth comparing lenders to find the best deal. We can introduce you to a New Home Mortgage Adviser who’ll search the market to find you a great deal.

Homes that qualify:

Until 2021 the current scheme is available exclusively on new build homes up to the property value of:

£600,000 in England
£300,000 in Wales
£200,000 in Scotland

Who is eligible?

Most people know that Help to Buy is available for first time buyers, but under the current scheme existing homeowners can benefit too.

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.If you are interested in saving via this scheme please why not call our mortgage specialists from our lending teams who would be more than happy to help provide information on the saving when buying one of our new homes.