Help to Buy

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5%

Deposit

20%

Interest free for the first 5 years*

75%

Mortgage

100%

Owned by you

Help to Buy – Government backed scheme making mortgage repayments more affordable!

Help to Buy makes the aspiration of new home ownership a reality for more people and is now available on new Seddon homes.

 

Typical Example (based on 80% / 20%)

Purchase a typical Seddon home priced at £200,000. You pay just 80% of the value at time of purchase, made up of a minimum 5% deposit (£10,000) and an arranged mortgage of up to 75% (£150,000). The Government will lend you up to 20% (£40,000) of the value of your property through an equity loan, which can be repaid at the five year point, or at any time thereafter.

*The Help to Buy equity loan scheme from Seddon Homes has specific terms and conditions and is subject to affordability criteria as prescribed by the Homes and Communities Agency. Scheme currently not available in Wales. Not to be used in conjunction with any other purchase assistance scheme, offer or promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Please ask your Seddon Homes Sales Advisor for further information.

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