You won't be charged loan fees on the equity loan for the first five years of owning your home. All AHO applications are processed within 4 working days. Since 2 January 2020, you can apply for an equity loan from one of three Help to Buy agents. Previous Winners. This apartment is west-facing, with double-height ceilings of up to 4m throughout. • Help to buy homes: only new build homes qualify. Awards. Own 100% of your home for 20% less! Own 100% of your home for 20% less: Affordable homes for first time buyers in London available with Help to Buy. London Help to Buy equity loans are available to first-time buyers and existing homeowners looking to buy a new-build property. Bedford Heights. Retirement. © 2021 Zoopla Limited. There are some eligibility factors to consider however, so with just a few details we can calculate how much you can … Help to Buy: Equity Loan is a government scheme that allows you to borrow a low-interest loan to put towards the cost of purchasing a newly build home. Retirement. Bedford. Help to Buy: Bargain homes for first-time buyers in London Andrea Dean Tuesday 8 Dec 2020 11:21 am Share this article via facebook Share this article via twitter Share this article via messenger • Authority to Proceed (ATP): 4 working days Privacy Policy We have been appointed by the government to offer the scheme in England and are on hand to support you in the purchase of your new build home using a Help to Buy: Equity Loan and affordable home ownership. If your application for Help to Buy meets the eligibility criteria, you can look for a property via the property search section on this website. • It’s available to first-time buyers purchasing a single property who do not currently own a property in or outside of the UK only. Help to Buy is a government scheme which helps people to get on or move up the property ladder. ... Help to Buy. Average house prices in Barking Riverside — and what there is to buy. The Government will lend you an interest-free equity loan (first five years of owning your home) lending you up to 40% of the cost of your apartment – up to £600,000, so you’ll only need a 5% cash deposit and a 55% mortgage for the remaining balance New build flats & houses for sale in London Owning your own piece of the city just needs a 5% deposit and 55% mortgage, and if you reserve selected plots by 15th December 2020, you will still qualify for the current London Help to Buy scheme before it changes in April 2021. • You'll need a minimum of 5% deposit to qualify. Parking is available to purchase and Beckton DLR is within walking distance. When Deene Tetther and his wife Louise decided to move out of rented accommodation and find a home of their own they assumed they weren’t eligible for the government’s Help to Buy scheme as they had both owned homes previously. The maximum full purchase price is £600,000. * These brand new apartments benefit from a parkside location with excellent travel links, on-site communal gardens, a terrace/balcony area and all the benefits of buying new - no chain, 10 year warranty and a modern interior. 17 April 2019. Part Buy/Rent. When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary. Three communal roof terraces with fantastic views, a residents' lounge, co-working space and a wellness room. (Updated October 2018) Discover our top 10 Help to Buy developments in London perfect for first-time buyers. Be part of this exciting new neighbourhood at Barking Riverside. Copyright © 2021 bpha. If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property's value. Manton Lane. Help to Buy. *AVAILABLE ON HELP TO BUY* Victor Michael is proud to present Cart Lane, an exclusive collection of 3 New build flats. The Homes for Londoners property search tool is a new way to find a home to buy or rent in the capital. If you're looking for help getting onto the property ladder, we offer a number of  home ownership schemes. Fixed price. Help to Buy Midlands and London. As with the current Help to Buy: Equity Loan, you can borrow up to 40% in London of the cost of a new build home. I want to buy a property, through Help to Buy: Equity Loan for…. Kelly had bought her previous home with her dad, a builder, and lived through months of renovation work complete with noise, dust and cold draughts. The home you want to buy must be newly built with a price of up to £600,000. All rights reserved. Feedback and complaints. In line with government advice, our teams continue to work remotely. Awards. A growing population and new station will help. You can talk to mortgage broker London & Country for free on 0800 073 2326. 24 October 2019. Luxury Homes. 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