Help to Buy
London Help to Buy
If you’re a first-time buyer, owning your own place in the city has never been easier thanks to the Help to Buy Equity Loan (2021-2023). All you need is a 5% deposit and a 55% mortgage.
Regency Heights
Park Royal, London
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No of bedrooms
1-3
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Price
From £399,000
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Est. completion date
October - June 2022
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Help to buy
Available
Now onto our final phase of the development the striking, impressive structure of Baronet House stands tall in the new Park Royal district. Set over 26 floors and featuring a fine selection of 174 studio, 1 and 2 bedroom apartments, this magnificent landmark building is an aspirational place to call home.
NewHayes
Hayes, Middlesex
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No of bedrooms
1-2
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Price
From £275,000
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Est. completion date
June - October 2022
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Help to buy
Available
West London living that’s ideal for the commute and a sense of community. NewHayes is an exciting new development offering a range of studios and 1, 2, and 3 bedroom apartments in a vibrant and up-and-coming area that offers you an enticing new lifestyle in an ideal location.
Kingston East
New Malden, London
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No of bedrooms
1-3
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Price
From £366,000
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Est. completion date
September - October 2022
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Help to buy
Available
Located on the popular Kingston Road, Kingston East is a range of stylish studio, 1, 2 and 3 bedroom apartments and 2 and 3 bedroom duplexes in London’s greenest borough. With over a 100 parks and open spaces in the area, you’ll enjoy the relaxing feel of village living but with the busy lights of London just around the corner.
Nola
Shenfield, Essex
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No of bedrooms
2-3
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Price
From £460,000
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Est. completion date
August - September 2022
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Help to buy
Not Available
Perfect for getting on the property ladder, these desirable new NOLA apartments provide you with a comforting new home in up-and-coming Brentwood, where you’re just a short train from London’s Liverpool Street station or the sunny Southend coast.
London living for less
Finding your own place in London is tough. But the London Help to Buy scheme makes it a whole lot easier for first-time buyers. Once you’ve got your deposit, all you need to do is secure a 55% mortgage (which we can advise you on) and then the government will cover the remaining 40% in the form of an equity loan, which is interest free for the first 5 years.
It’s worth noting that a regional property price cap will be introduced on the scheme, which, for London will be £600,000. But even then, your dream of owning a London property might be closer than you think.
Is London Help to Buy right for you?
No age limits
There’s no age limit when it comes to taking advantage of the scheme and it’s open to all UK residents living in the UK. So long as you don’t own any other property at the time of purchase, in or outside of the UK, you can apply.
Smaller mortgage
To be applicable for the scheme, you’ll need a minimum deposit of 5% and a minimum mortgage of 55%. If you need more information about getting a mortgage, we can help advise you—so just get in touch.
Straightforward repayments
When it comes to paying back the loan, after 5 years, you pay 1.75% of the outstanding amount, which rises each year by the increases (if any) in the Retail Prices Index (RPI) plus 1%. You repay the loan after 25 years, or when you sell your home. Whichever happens first.