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Help to Buy

Help to Buy

If you are looking to buy a brand new home with only a 5% deposit, the Government’s Help to Buy scheme can offer an equity loan of up to 20% of the property price.

  • Help to Buy is open to first-time buyers only
  • If you are married or in a civil partnership, your application will have to be made jointly - with both parties qualifying as a first-time buyer
  • You can use it on any new Bennett Home up to a purchase price of £407,400 the current limit in the East of England
  • All you need is a 5% deposit and to secure a mortgage of 75% minimum from a bank or a building society
  • The equity loan is interest free for the first five years
  • After five years interest is payable at 1.75% which will rise annually by the Consumer Price Index (CPI) +2%
  • The loan can be repaid at any time or when you sell your home

Terms and conditions apply.

Get in touch to request a brochure or arrange a viewing


01284 766057


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