Help To Buy Deadline Extended
We have some great news - the government recently announced that the deadline for completion on a new home bought using the ‘Help To Buy’ scheme has been extended to the 29th February 2021, so you still have plenty of time to buy a home using the scheme.
And with the current Stamp Duty Holiday, that could potentially save you up to £15,000, there has never been a better time to reserve your new home.
Here’s how the ‘Help To Buy’ scheme works:
‘Help To Buy’ allows you to buy a new home up to the value of £600,00 with just 5% deposit.
The government will lend you up to 20% of your new home’s value as an equity loan, interest-free for five years, and you can apply for a mortgage based on the remaining 75%.
If you’d like to learn more about the ‘Help To Buy’ scheme or any of the initiatives that could help to make your new home more affordable, call us on 01937 543 598.