Move With Help To Buy & Connolly Homes

If you are a First Time Buyer, you will need to save just a 5% deposit to get a mortgage so you can buy your first home.

If you are an existing homeowner you can use Help to Buy to trade up to a bigger property up to a maximum value of £600,000.

There are a number of different HELP TO BUY options available and our independent mortgage advisor will be able to discuss these with you.

Example:

Interest Free Equity Loan Purchase
a property at £100,000

£5,000 Deposit Required

£75,000 Mortgage Value

£20,000 Funded by the Government
in the form of an equity loan.

The equity loan can be repaid at any time or on the sale of your property and is interest free for the first five years. From year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1%.

Full details of this Government scheme are on the Help to Buy website here: www.helptobuy.org.uk

To find out more please contact us on 01525 872014 or email reception@connollyhomes.co.uk