1 bed Flat For Sale £344,000
Help to Buy available – buy with just a 5% deposit
Central London in 15 minutes
Balcony or terrace to all apartments
Residents' gym & concierge service
Access to Enterprise car club on-site
Landscaped grounds & family play areas
Allocated underground parking available to purchase
Accessible development for wheelchair/pram users
London Help to Buy means that you could afford to buy a London home with a 40% equity loan, 55% mortgage and only a 5% deposit. This popular Government-funded Help to Buy equity loan is available until 2021.
With interest rates at an all-time low, now could be a great time to buy. If you are looking to buy a property in London then the new London Help to Buy scheme could help you to move sooner than you think.
What is London Help to Buy?
London Help to Buy is a popular Government-backed initiative helping first-time buyers, as well as people moving up the property ladder.
The Help to Buy: Isa pays first-time buyers a government bonus. For example, save £200 a month and we’ll add £50, up to a maximum of £3,000, boosting your isa savings of £12,000 to £15,000.
Just a 5% deposit required
You only need a 55% mortgage
40% Government equity loan – interest free for the first five years
Available on new build homes up to £600,000
For new homes in the 32 London boroughs & City of London
*Example: Property value £449,500
Estimated monthly mortgage repayment £1,192
5% deposit £22,475
40% Help to Buy Equity Loan £179,800
55% mortgage £247,225
*your home may be repossessed if you do not keep up repayments on your mortgage. This calculation is provided for guidance only; Chestertons does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.
All details correct as of 11/02/2019.
Central London in 15 minutes
Balcony or terrace to all apartments
Residents' gym & concierge service
Access to Enterprise car club on-site
Landscaped grounds & family play areas
Allocated underground parking available to purchase
Accessible development for wheelchair/pram users
London Help to Buy means that you could afford to buy a London home with a 40% equity loan, 55% mortgage and only a 5% deposit. This popular Government-funded Help to Buy equity loan is available until 2021.
With interest rates at an all-time low, now could be a great time to buy. If you are looking to buy a property in London then the new London Help to Buy scheme could help you to move sooner than you think.
What is London Help to Buy?
London Help to Buy is a popular Government-backed initiative helping first-time buyers, as well as people moving up the property ladder.
The Help to Buy: Isa pays first-time buyers a government bonus. For example, save £200 a month and we’ll add £50, up to a maximum of £3,000, boosting your isa savings of £12,000 to £15,000.
Just a 5% deposit required
You only need a 55% mortgage
40% Government equity loan – interest free for the first five years
Available on new build homes up to £600,000
For new homes in the 32 London boroughs & City of London
*Example: Property value £449,500
Estimated monthly mortgage repayment £1,192
5% deposit £22,475
40% Help to Buy Equity Loan £179,800
55% mortgage £247,225
*your home may be repossessed if you do not keep up repayments on your mortgage. This calculation is provided for guidance only; Chestertons does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.
All details correct as of 11/02/2019.
