Available  

5 Bedroom Property for sale

Broad Lane BRISTOL, BS37 7LA

BS37 7LA, Broad Lane, Yate, Bristol, BS37, Bristol

Sale Price: £435,000

 

Listed 15 days ago and may not be available Listed on 11/29/2016

 The Clock House,Hath Hill,Keynsham,Bristol
*When you call don't forget to mention Houser.co.uk

Broad Lane BRISTOL, BS37 7LA

Property Summary:

Property
5 Bed(s)
-- Bath(s)
interested in this property.
 

Property description

WHAT IS HELP TO BUY? With Help To Buy you can buy your new home with the assistance of a Government funded loan. The Government will lend up to 20% of the value of a new build home through an equity loan*. The buyer contributes a deposit of their own (minimum 5%), then the Help to Buy scheme supplements that deposit to provide a 25% deposit in total. This leaves the buyer needing a mortgage for 75% of the property value.*The government equity loan is interest free for the first five years. From year six a fee of 1.75% will be charged, rising annually by RPI inflation plus 1%. The equity loan can be repaid at any time within 25 years (or the terms of the mortgage), or on sale of the property.

Property Features :

  • • The Help to Buy scheme is available on all newly built homes in England up to £600,000.
  • • Help to Buy is available to all purchasers, not just first-time buyers.
  • • The scheme is not available for Buy-To-Let.
  • • The scheme is only available in relation to capital repayment mortgages.
  • • Customers will only need to secure a 75% mortgage.