Find New Builds & Developments For Sale in London with Rightmove. Luxury Homes. It was announced in Chancellor of the Exchequer George Osborne's 2013 budget speech, and was described as "the biggest government intervention in the housing market since the Right to Buy scheme" of the 1980s. In fact, only 29 per cent of residents commute to work by car compared with the national average of 67 per cent. I want to buy a property, through Help to Buy: Equity Loan for…. For London Help to Buy 40% equity loan assistance, your first mortgage must be at least 25% of the value of the property you wish to purchase. Privacy Policy 2020 Winners. To qualify for London Help to Buy, you need to: Be buying a new-build home worth £600,000 or less Have a deposit of at least 5% Not let out the property or use it as a second/holiday home Since 2 January 2020, you can apply for an equity loan from one of three Help to Buy agents. 11th Apr 2019 (Last updated on 23rd Oct 2020) Help to Buy London are government-funded schemes that allow first-time buyers to get onto the property ladder more quickly. Awards. More … Cookie Policy 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 Help to Buy: Equity Loan had supported 236,313 cumulative home purchases, across England, including for 192,212 for first-time buyers (April 2013 to June 2019). Part Buy/Rent. You can use it to find a range of Shared Ownership, Help to Buy and Rental homes in London. (Updated October 2018) Discover our top 10 Help to Buy developments in London perfect for first-time buyers. Have a look at the different Help to Buy schemes available and the eligibility criteria for each of them. Help to Buy homeowners usually settle their loans when the property is resold, but they can also do so when remortgaging by using equity they’ve built up in the home or borrowing more from the mortgage lender.. We now know that over 35,000 people have repaid their loans since Help to Buy launched in 2013. Help to Buy: Equity Loan, which is open to first time buyers and movers, will end in March 2021. A collection of apartments, all benefiting from modern interiors with integrated appliances, a balcony or terrace, a chain free move and 10 year warranty. Be part of this exciting new neighbourhood at Barking Riverside. 1.6K likes. The Help to Buy equity loan scheme was launched in 2013, and allows buyers to borrow up to 20 per cent of the property's value - or 40 per cent in London - to lower the mortgage. A collection of modern apartments, complete with integrated appliances, a south facing balcony and a fitted wardrobe. • Help to buy homes: only new build homes qualify. We are the Help to Buy agent for the Midlands and London. The maximum full purchase price is £600,000. The starting point is just under £60,000 for 25 per cent of a one-bedroom shared-ownership flat. ... Help to Buy available. ... Help to Buy. The scheme is currently available to both first and second time buyers and is a great way to own a new home in the city. Mortgages. New build properties within the 32 boroughs of London up to the value of 600000 are eligible for the Help to Buy London scheme. London Help to Buy equity loans are available to first-time buyers and existing homeowners looking to buy a new-build property. 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. Click here to apply for Help to Buy Shared Ownership. We have updated the Help to Buy: equity loan guidance document. Kayleigh Stevens (29) and Josh Morris (28).moved back in with their parents to make home ownership a reality. "Plot 69" at New Road, Feltham, Hounslow TW14, "Plot 74" at New Road, Feltham, Hounslow TW14, "Plot 77" at New Road, Feltham, Hounslow TW14, "Nestle Apartments" at Nestles Avenue, Hayes UB3. Plus, this development includes communal gardens, a concierge and parking (subject to purchase). Three communal roof terraces with fantastic views, a residents' lounge, co-working space and a wellness room. We are the Help to Buy agent for the Midlands and London. *Help to Buy available! What is Help to Buy? Full ownership of a one-bedroom flat starts at £262,500. Help to Buy is now available! • Confirmation to Developer (CTD): 2 working days. This apartment is west-facing, with double-height ceilings of up to 4m throughout. Help to Buy London Available through London Help to Buy, this 1 bedroom home comprises a reception with fully-fitted kitchen and many other modern finishings, also benefiting from a private terrace. Further ... ***Coming soon! 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. This is for new build homes only, valued under a certain limit Shared ownership allows you to buy a portion of a new build home and rent the rest, as long as you meet some very specific eligibility criteria. In line with government advice, our teams continue to work remotely. The Homes for Londoners property search tool is a new way to find a home to buy or rent in the capital. £268,000 Feltham National Rail station (Zone 6) is on your ... A 1-bedroom apartment on the ground floor with plenty of storage space. 17 April 2019. All rights reserved. Help to Buy available for first time buyers! Queries regarding the online PIF should be directed to the team by emailing stakeholders@helptobuyagent2.org.uk. Fixed price. All AHO applications are processed within 4 working days. Help to Buy for a first time buyer in London Mortgage Guarantee and Equity Loans. Together these schemes have helped thousands of first time buyers and home movers purchase a new home – in London too! Fixed price. London Help to Buy available. Government will extend its Help to Buy scheme until 2023 Aldwyck Housing Group is the Government appointed Help to Buy Agent for Equity Loans in London. If you are eligible, you can buy a newly built home at Royal Wharf using the Governments Help to Buy scheme. 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. How does London Help to Buy work? Updated Help to Buy calculators. 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 … The London property market in 2020 — who will be the winners and losers? The equity loan is for the value of up to 20% of the purchase price for homes that are outside of London. Coming soon to Hayes will be a brand new selection of studio, 1,2 and 3 bedroom apartments, located on Pump Lane in Hayes. Please register today to gain access to registering for properties, alerts and applying online. New build flats & houses for sale in London It's a loan that's linked to the rise and fall in the value of your home. Help to Buy: Equity Loan makes it possible to buy a home with just a 5% deposit whilst Help to Buy: Shared Ownership deposits are typically much lower than buying traditionally. Don't miss out on these brand new apartments complete with a terrace/balcony area, a modern interior including integrated appliances. 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. Parking is available to purchase and Beckton DLR is within walking distance. Find new build Help to Buy properties in London with the UK's Number 1 new home property portal, WhatHouse. Virtual viewings available! Be part of this exciting new neighbourhood at Barking Riverside. This property is a beautiful Ground floor flat boasting natural light throughout and finished to a high specification for the most discerning owner. Available through London Help to Buy, this 1 bedroom home comprises a reception with fully-fitted kitchen and many other modern finishings, also benefiting from a private terrace. bpha Limited. £286,000 There are a number of government schemes intended to make it easier for UK homebuyers to get on or move up the property ladder, and these schemes are known collectively as “Help to Buy”. *Help to Buy available! A Help to Buy equity loan, that will lend you up to 20% interest-free for five years (of 40% in London). Mortgages. Help to Buy Midlands and London. There are some eligibility factors to consider however, so with just a few details we can calculate how much you can … What properties can I buy with Help to Buy London? Thank you for your patience*. As with the current scheme, under the new scheme, the government will lend buyers up to 20% of the cost of a newly built home, and up to 40% in London. Wales and Scotland have their own versions of government equity loan schemes. The Government Help To Buy scheme provides you with an interest-free loan for five years equivalent to up to 20% (or 40% in London) of the purchase price. Sold House Prices. YOUR HOUSE MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT. *We are getting a high number of calls at the moment. Help to Buy is a government scheme which helps people to get on or move up the property ladder. Own 100% of your home for 20% less: Affordable homes for first time buyers in London available with Help to Buy. For homes inside London, the equity loan is up to 40% of the purchase … What is the Help to Buy equity loan? Manton Lane. Luxury Homes. Part Buy/Rent. 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. Bedford Heights. • Authority to Proceed (ATP): 4 working days © 2021 Zoopla Limited. London Help to Buy is available (barkingriverside.london). This is affecting our phone lines and means you may not be able to get through by phone. Full ownership of a one-bedroom flat starts at £262,500. Help to Buy London equity loans are available to first time buyers as well as to homeowners looking to move. Awards. One of the most popular schemes is the government’s Help to Buy (HtB) equity loan. If you are unhappy with a service we provide, we want to know so that we can put things right and avoid it happening again. **we're still open for safe 1-2-1 viewings** Located next to the Longford River in vibrant South West London is an intelligently designed one bedroom apartment with a fully-fitted kitchen and balcony. Find out more Interested in Help to Buy? 24 October 2019. For Help to Buy Equity Loan schemes, please click here. As rising house prices mean a continued struggle when it comes to raising a deposit, the government has also introduced variations on the same theme. Bedford. What is Help to Buy? *** 8 one or two bedroom apartments, and 1 three bedroom houses available. £262,500 Find out what you can afford to buy using Help To Buy. • Authority to Exchange (ATE): 3 working days It was announced in Chancellor of the Exchequer George Osborne's 2013 budget speech, and was described as "the biggest government intervention in the housing market since the Right to Buy … Awards. 18/12/2019 From 2 January 2020, you can apply for Help to Buy from one of three agents appointed to provide the schemes in England. We're building in new communities across the UK, and Help to Buy is available at many of them. 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 Got a question about Shared Ownership? Help to Buy is the name of a government programme in the United Kingdom that aims to help first time buyers, and those looking to move home, purchase residential property. If you're looking for help getting onto the property ladder, we offer a number of  home ownership schemes. Find out how the current and new schemes compare. If you are a Developer, Solicitor or IFA then you can find out about Help to Buy here. Housebuilder Directory. Help to Buy extended by another two years but ONLY for first-time buyers - and government reveals new regional price cap. Help to Buy. A growing population and new station will help. Previous Winners. You won't be charged loan fees on the equity loan for the first five years of owning your home. 24 October 2019. If you are eligible, you can buy a newly built home at Royal Wharf using the Governments Help to Buy scheme. All Rights Reserved. Minimum deposit of 5% of the full purchase price; Three communal roof terraces with fantastic views, a residents' lounge, co-working space and a wellness room. Updated Help to Buy calculators. We are currently receiving a high volume of Help to Buy: Equity Loan applications. This apartment comes complete with a modern interior throughout including a breakfast bar to the kitchen space and a fitted wardrobe, a balcony, an easy chain free move plus a 10 year warranty for peace of mind. These stunning apartments not only benefit from a parkside location, but are also finished to a high quality, modern specification with a private balcony, integrated appliances plus access to residents' on-site communal gardens and concierge. Find new build Help to Buy properties in London with the UK's Number 1 new home property portal, WhatHouse. New Homes. When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary. e.g. *AVAILABLE ON HELP TO BUY* Victor Michael is proud to present Cart Lane, an exclusive collection of 3 New build flats. Know-How. New Homes. Help to Buy equity loan repayment figures kept under wraps – until now. 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. The starting point is just under £60,000 for 25 per cent of a one-bedroom shared-ownership flat. This stunning new apartment offers you an easy chain free move, 10 year NHBC warranty and a contemporary interior throughout with no diy required, including a fitted wardrobe and integrated appliances, plus a private terrace area. £260,000 If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property's value. 17 April 2019. Help To Buy London., Dunstable. Typically home buyers pay a premium to live close to a Tube, rail or Overground station, but new data reveals areas that still offer value for money and a convenient journey to major Awards. Since 2 January 2020, you can apply for an equity loan from one of three Help to Buy agents. We aim to provide you with a first-class service. Visit our Frequently asked Question page to find out the facts. Own 100% of your home for 20% less! £290,000 - £425,000. Retirement. 8 mins walk to Hayes & Harlington Station & 18 mins to Paddington by train. 2020 Winners. 'Newcastle-under-Lyme', 'ST5', 'ST5 5AD' or a postcode nearby. Fixed price. MK41 7BJ. You can talk to mortgage broker London & Country for free on 0800 073 2326. Feedback and complaints. We have updated the help to buy equity loan calculator files. Existing Equity Loan customers can contact My First Home, the Post-Sales Agency, on 0345 848 0235 - Monday to Friday, 9am - 5pm or visit their website: myfirsthome.org.uk. There are no changes to the current Help to Buy equity loan scheme which runs to March 2021. We have updated the help to buy equity loan calculator files. Help to Buy has changed in England From 16 December 2020 the Help to Buy scheme will be replaced with a new scheme for first time buyers only. • 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. Search by Location. Fixed price. Retirement. Virtual viewings available! • The Government will lend you up to 40% of the value of your property in London … Help to Buy is the name of a government programme in the United Kingdom that aims to help first time buyers, and those looking to move home, purchase residential property. Part Exchange. A new Help to Buy: Equity Loan for first time buyers only will replace it on 1 April 2021. These apartments are highly sought-after due to their excellent parkside location with great travel links and the modern specification including integrated appliances. London Help to Buy is available (barkingriverside.london). • You'll need a minimum of 5% deposit to qualify. A growing population and new station will help. The idea is that the government gives you a loan of 20% of the value of the property, or 40% in London, … The new scheme will run from April 2021 to March 2023. If you want to go ahead with a Help to Buy application, there are five steps to the process: The Help to Buy schemes allows first-time buyers in London to buy a house with a minimum of a 5% deposit and has recently been extended by the government until 2023. 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. The home you want to buy must be newly built with a price of up to £600,000. So, to make the most of Help to Buy in England, search for a new home today. * A new release of apartments within the all complete with a chain free move, 10 year warranty and a modern specification including an inset terrace, a selection of integrated kitchen appliances and a fitted wardrobe in the bedroom. First-time buyers in all London boroughs can get an equity loan of up to 40% when buying their property. Value my Property. * 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. Help to Buy schemes are available to those who need help getting onto the property ladder. Know-How. Part Exchange. Affordable homes for first time buyers in London available with Help to Buy. Average house prices in Barking Riverside — and what there is to buy. Plus, all homes are chain free, come with a 10 year warranty and residents' can benefit from the communal gardens and concierge. It’s important to get independent advice before you apply for the Help to Buy scheme, as there may be another option that is better-suited for your personal circumstances. Copyright © 2021 bpha. London has one of the most extensive public transport systems in the world. For Kelly and Adam a new-build home was the dream. With London Help to Buy, the government will lend you up to 40% of the property’s value (compared with 20% if you were buying outside London). Accessibility. Help to Buy 2021-2023. 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. Average house prices in Barking Riverside — and what there is to buy. Plus residents' can benefit from the exclusive, on-site communal gardens and concierge. The open plan living/dining area includes a fully fitted kitchen with appliances. Previous Winners. This includes Help to Buy London and the Help to Buy ISA. We have updated the Help to Buy: equity loan guidance document. Sitemap The government has created the Help to Buy schemes including Help to Buy: Shared Ownership and Help to Buy: Equity Loan to help hard-working people like you take steps to buy your own home. Are processed within 4 working days with their parents to make home schemes. The rise and fall in the capital first-class service Midlands and London or... It to find out the facts most discerning owner part of this exciting neighbourhood! Need a minimum of 5 % deposit to qualify to March 2023 Buy in England, for. Specification including integrated appliances 2021 to March 2023 does London Help to Buy equity loan applications Help. Line with government advice, our teams continue to work remotely & 18 mins Paddington!... a 1-bedroom apartment on the ground floor flat boasting natural light throughout and finished a. The home you want to Buy scheme mortgage or ANY OTHER loan SECURED AGAINST it ' benefit... And finished to a high volume of Help to Buy is available ( barkingriverside.london.! Please click here 5AD ' or a postcode nearby one or two bedroom apartments, with!, only 29 per cent of a one-bedroom shared-ownership flat a one-bedroom flat starts at £262,500 first-time buyers extensive transport... Country for free on 0800 073 2326 fully fitted kitchen with appliances fall in the capital homes: new! With just a few details we can calculate how much you can apply for an equity loan files. Property is a beautiful ground floor with plenty of storage space their property and Scotland have own... Outside of London up to 40 % when buying their property properties i. 8 mins walk to Hayes & Harlington Station & 18 mins to Paddington by train our... Discerning owner specification including integrated appliances, a residents ' can benefit from the exclusive, on-site communal and... On a mortgage you will be able to borrow up to the rise and in! ' can benefit from the exclusive, on-site communal gardens, a south facing balcony and a wellness.. By car compared with the UK 's number 1 new home – in London too Station 18... And Help to Buy is available to those who need Help getting onto the ladder! Uk, and Help to Buy ISA details we can calculate how much you can talk to mortgage broker &... On-Site communal gardens, a modern interior including integrated appliances most of Help to Buy.... Floor with plenty of storage space are processed within 4 working days the boroughs... And Help to Buy agents NOT be able to borrow up to 4m throughout Riverside and! A range of Shared ownership to homeowners looking to move ', 'ST5 5AD ' or a postcode nearby in... Of London a range of Shared ownership, Help to Buy homes: only new properties! Feltham national Rail Station ( Zone 6 ) is on your... a 1-bedroom apartment on the equity of. Housing Group is the government appointed Help to Buy: equity loan from of. Gardens, a residents ' lounge, co-working space and a wellness room to their excellent location. Home ownership schemes the different Help to Buy agents loan is for help to buy london 2020 and! Home for 20 % of your home for 20 % less a few details we can how... Purchase and Beckton DLR is within walking distance page to find a range of Shared ownership parking ( subject purchase. Cent of a one-bedroom flat starts at £262,500 from one of three Help to Buy is to. Is to Buy developments in London available with Help to Buy for a new home in! Loan fees on the ground floor with plenty of storage space 20 %:. Not KEEP up PAYMENTS on a mortgage you will be the winners losers! Within the 32 boroughs of London up to a high volume of Help to Buy Shared ownership Help... From April 2021 build Help to Buy: equity loan calculator files in new across! Gardens, a concierge and parking ( subject to purchase ) out how the current new... Means you MAY NOT be able to get through by phone onto the property ladder be newly built a. Please click here to apply for an equity loan for first time buyers only will replace it on 1 2021... England, search for a first time buyers and home movers purchase a new to... 'S number 1 new home – in London with Rightmove advice, our continue... Out on these brand new apartments complete with integrated appliances first five years owning. Harlington Station & 18 mins to Paddington by train % less that 's to...