Help to Buy is a Government-backed scheme open to both first time buyers and existing homeowners (who have sold their home). This means you can own your own Kingswood Home even if you only have a 5% deposit.
Here’s how it works:
- You choose the Kingswood home you want and calculate the cost of your 5% deposit.
- The Help to Buy scheme will then lend you up to 20% of the property value.
- You then secure a mortgage on the balance
- The equity loan is interest free for five years
- You will eventually own 100% of your home
Our sales advisers will supply Help to Buy information and put you in touch with a local independent financial adviser who will assist you through the application process.
For information about how Equity Loan works visit Help to Buy North West