REQUEST DETAILS

Agent details

This property is listed with:
Andrews Estate Agents New Homes (Bath/Bristol)
The Clock House,Hath Hill,Keynsham,Bristol
Telephone:
0117 946 1799
 

Full Details for 3 Bedroom Property for sale in Bristol, BS30 :

FULL PRICE is £299,000Mortgage required would be 75% £224,250Your deposit would be 5% £14,950Government equity Loan would be 20% £59,800WHAT IS HELP TO BUY? With Help To Buy you can buy your new home with the assistance of a Government funded loan. The Government will lend up to 20% of the value of a new build home through an equity loan*. The buyer contributes a deposit of their own (minimum 5%), then the Help to Buy scheme supplements that deposit to provide a 25% deposit in total. This leaves the buyer needing a mortgage for 75% of the property value.*The government equity loan is interest free for the first five years. From year six a fee of 1.75% will be charged, rising annually by RPI inflation plus 1%. The equity loan can be repaid at any time within 25 years (or the terms of the mortgage), or on sale of the property.


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