Our friendly sales team are always on hand to offer help and advice any time.
BRIDGE HOMES SALES CONTACTS
HELP TO BUY SCHEME
Help to Buy equity loans are open to anyone buying a new build home, whether you are a first time buyer or moving house. The new home you wish to buy must be no more than £600,000 and it must be your only property and the one you live in, you cannot use the scheme to buy-to-let.
How it works
You’ll need to have a deposit of at least 5% of the property price. The government will give you a loan for up to 20% of the price and you won’t be charged fees for the first 5 years of owning your home. But, you will need a mortgage of up to 75% to cover the rest.
In the sixth year, you’ll be charged a fee of 1.75% of the loan’s value. After this, the fee will increase every year. The increase is worked out by using the Retail Prices Index plus 1%. You must also pay back the loan after 25 years or when you sell your home – whichever is earliest. How much you pay back will depend on the market value of your home when it’s sold. You can pay back part or all of your loan at any time. The minimum percentage you can pay back is 10% of the market value of your home. The amount you pay will depend on the market value at that time.
If you would like to know more about the Help to Buy scheme, our helpful independent financial advisors are on hand to guide you through the process.
Get things moving with our expert help.
If you need to sell your property before you can move into a beautiful new Bridge Home, then let us take on some of the hard work and get you moving! Our Assisted Move Service makes the whole process that little bit easier.
What are the benefits?
- YOUR FEES PAID: Bridge Homes will pay your Estate Agency fees to sell your home
- A respected local agent will market your home
- Your home will be advertised on major portals: Rightmove, Zoopla, Sequence
- Regular updates and contact with Sales Team
- All the expertise you need in one place: Sales, Mortgage Advice & Conveyancing
- Not local? Don’t worry, we help you move regardless of where your current home is
- We’ll help you move into your new Bridge Home with less fuss and less stress
If you would like to know more about Assisted Move, our helpful sales advisors will take you through the process. It’s the first step to moving into your new Bridge Home.
To speak to an advisor call 01924 247700 or use our contact form.
This calculator is provided for informational purposes only.
You should not make any decisions based simply on the information provided.
Values indicated are estimates and may not be accurate and are only to be used as a guide.