Here to Help...

Help to Buy is a Government-led scheme to help people like you move into their first Berkeley DeVeer home. The scheme enables you to buy your dream Berkeley DeVeer home with just a 5% deposit.

There are plenty of misconceptions surrounding the Help to Buy initiative, we can help clear some up in this article!

It’s pretty simple really...

Getting your head around the scheme can be difficult at first but we can clear that up here.

The Help to Buy Equity Loan is exclusive to new build homes, and the government will lend you up to 20% of the property price with you paying just a 5% deposit, and the remaining 75% of the cost taken out as a mortgage. In this case, nothing needs to be paid back on the government loan for five years but mortgage repayments start immediately. The benefit of this is that lenders have lower interest rates for people using Help To Buy as your borrowing less which in turn means your monthly mortgage payments will be a lot lower than a standard mortgage.

Is Help to Buy only for first time buyers?!

Another concern many buyers and future homeowners have is the belief that Help to Buy is only for first time buyers! The Help to Buy Scheme is there for you no matter where you are on the property ladder. You will be eligible for the equity loan as long as you can obtain a standard mortgage and provide the 5% deposit for a new build home up to the value of £600,000.

So what are the key benefits of the scheme?

The first clear benefit of the scheme is that it can help first-time buyers get onto the housing ladder a lot sooner than they may otherwise have been able to with a smaller deposit. It also helps people that have sold their property take the next step to a larger home again making it more affordable. You will also own 100% of your new home unlike some shared equity schemes.

All of the above coupled with a new energy efficient home built to the latest building standards and our high specification means massive savings on your monthly bills and outgoings.

Our sales team are on hand to help you find the right deal for your new dream home, as well as all the other important information that you’ll need to know too.