The Help to Buy scheme is available on selected plots across Remmus Homes developments.

This government backed scheme offers the opportunity for the buyer to secure their new home with just a 5% deposit. Take a look at the example below or for more information visit https://www.helptobuy.gov.uk/

  • Your new home costs £460,000
  • You pay a 5% deposit of £23,000
  • You receive a 20% equity loan of £92,000
  • You take out a 75% mortgage of £345,000
  • Total £460,000
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Help to Buy: Equity Loan – Eligible applicants will be offered an equity loan of up to 20% of the purchase price at the open market value. Applicants are required to fund at least 80% of the purchase price with a conventional main mortgage and minimum of 5% deposit. For the first five years there is no interest charged on the equity loan. At the start of year six, 1.75% interest is payable on the equity loan, which rises annually by RPI inflation plus 1%. The equity loan is provided by the Government’s Homes and Communities Agency, trading as Homes England, and held as a second charge on the Help to Buy home.  Terms and conditions apply. Applicants should seek independent financial advice, and get information and guidance on applying for a Help to Buy: Equity Loan at www.helptobuy.gov.uk. This scheme is subject to status and only available on selected developments and properties in England.  YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Please speak to our Sales Advisors for more details.

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Contact us to find out how you could own a Remmus home.