Buy the home you've been looking for at Laureate Fields with a 5% deposit

Whether you are new to the property market or want to move into a larger home as your family expands, the government-backed Help To Buy Scheme will help you get there quicker.

Available to both first-time buyers and existing homeowners, Help to Buy means you can buy a home at Laureate Fields with just a minimum 5% deposit. The government will provide an equity loan of 20% of the value of your property, meaning you only need a mortgage that covers 75% of the value of your new home. This could make your monthly repayments more affordable.

The loan can be repaid at any time during the loan term or on the sale of your home, with minimum payments of 10%. There is no interest on the loan amount for the first five years. but in the sixth year, you will be charged a fee of 1.75% of the loan’s value. This will then rise annually at + 1% RPI.

Am I Eligible for Help to Buy?

Help to Buy is available on new-build properties in England up to the value of £600,000. To qualify for Help To Buy, the home purchased must be your only residence, and you cannot use Help To Buy for a buy-to-let property. Whether you are a first time buyer struggling to save for a large deposit, or an existing home owner who has limited equity in their current home, the Help To Buy scheme will ensure that you can buy your ideal home at Laureate Fields without having to compromise on your finances. Get in touch today to find out more.