Call our sales team today on 01633 744 288
 

 

 

Ways To Buy

 

Help to Buy

 

  • Help to Buy-Wales is a Government-backed shared equity loan scheme launched here in Wales on 2nd January. Its aim is to assist buyers who cannot afford a large deposit to access a mortgage.
  • Available to first time buyers and those already on the property ladder the Help to Buy-Wales scheme requires just a 5% deposit and a mortgage of up to 75% of the property value.
  • Purchasers pay just 80% of the property price now and the remaining 20% is provided by a Government equity loan which is interest free for the first 5 years which could make the monthly mortgage repayment lower.
  • Help to Buy-Wales is available on all new build homes up to the value of £300,000.

 

 

 

Help to Buy – Wales: Shared Equity Loan Calculator 

 

 

 

 

Shared Ownership

 

“Shared ownership has made our first family home possible. We were able to get on the property ladder without taking the risk of a full mortgage”
Claire Phillips, Newport 

 

Shared ownership has already helped hundreds of people who could not afford to buy a home of their own to do just that. We can help if you’re a first time buyer, looking to re-enter the property market or looking to downsize to something more manageable.

 

With shared ownership, you simply buy a share of your home and rent the rest. So your mortgage is smaller, more affordable and easier to get approval for. And you can take that important first step on to the property ladder.

 

As you are only buying a share of the property and not the total value, your monthly payments may be less than if you were to buy the property outright. But you can still enjoy all the benefits of a brand new home.

 

For further information please visit serenliving.co.uk

 

 

Call our sales team today on 01633 744 288