You must have a mortgage of at least 55%, After 5 years, you pay 1.75% of the outstanding amount of the loan, which rises each year by the increases (if any) in the Retail Prices Index (RPI) plus 1%. The development is located in East London. 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). 1 Bed(s) 2 Bed(s) View Development. Boroughs within London. ... bordering Notting Hill and Maida Vale. Help to Buy 2021-2023. Featured Development. A growing population and new station will help. How does London Help to Buy work? In addition, residents can access a 24-hour on-site team along with shared […] (Updated October 2018) Discover our top 10 Help to Buy developments in London perfect for first-time buyers. Be part of this exciting new neighbourhood at Barking Riverside. The apartments at Royal Wharf are designed with contemporary London living in mind and offer well thought out floor plans and generously proportioned open plan living spaces with private balconies and terraces. From detached family homes in well-connected locations to city apartments, we have been building homes in London and the Home Counties since 1961. Find out about London Help to Buy. Putting down as little as a 5% deposit on a newly built home, you can get a government Help to Buy: Equity Loan.Loans are up to 40% of the purchase price for homes eligible for Help to Buy London and 20% throughout the country. Hounslow. London Help to Buy is available (barkingriverside.london). 020 8012 9067 Local call rate. The housebuilder will use these details to contact you about this property/development to arrange a viewing or provide you with more information. Be part of this exciting new neighbourhood at Barking Riverside. New developments launching in 2021 – London, UK. Boroughs within London. By clicking any link on this page you are giving your consent for cookies to be placed on your device. From April 2021 the scheme will be available to first time buyers only, and regional property price caps will be introduced, which for London will be £600,000. Since then, four flats in the Belgravia Collection have been resold. If you are eligible, you can buy a newly built home at Royal Wharf using the Governments Help to Buy scheme. Many of the developments we sell have Help to Buy available. 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 Applicants should seek independent financial advice, and get information and guidance on applying for a Help to Buy: Equity Loan at www.helptobuy.gov.uk. With a wide selection of new developments across London, you can rest assured that, whatever your needs, we have just what you're looking for. Find out more Interested in Help to Buy? Previous Winners. The Help to Buy scheme can help both first time buyers and home movers purchase your ideal home. The housebuilder will use these details to contact you about this property/development to arrange a viewing or provide you with more information. The Help to Buy: Equity Loan scheme began accepting applications on 16th December 2020. Wales and Scotland have their own versions of government equity loan schemes. London Help to Buy † London Help to Buy means that you could afford to buy a London Square home with only a 5% deposit. Terms and conditions apply. After five years you will be required to pay an interest fee of 1.75% of the amount of your Help to Buy shared equity loan at the time you purchased your property, rising each year after that by the increase (if any) in the Retail Prices Index (RPI) plus 1%. We are now able to start taking reservations using Help to Buy for homes completing after March 2021. This scheme is subject to status and only available on selected developments and properties in England. You can use it to find a range of Shared Ownership, Help to Buy and Rental homes in London. A purpose-built village designed around you. Email agent ... Help to buy; Buy to let investors; Quick links. After the Government’s Help to Buy scheme had a lot of success with first-time buyers when it was first introduced, the London Help to Buy scheme was announced in February 2016. Deptford Landings brand new development available for sale on the Help to Buy scheme is spread across 11.6 acres, each building is designed in a contemporary architectural style that reflects and adds to the areas rich heritage. Its ‘Belgravia Collection’ of properties was sold on the same development the previous summer. 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. Help to Buy scheme: move into your first home with just a 5% deposit Make the most of this Government-backed scheme for Help to Buy homes and move into your Redrow new build home with as little as a 5% deposit. Royal Wharf is a new riverside neighbourhood perfectly placed by the River Thames, nestled between Thames Barrier Park and Lyle Park. At the start of year six 1.75% interest is payable on the equity loan, which rises annually by RPI inflation plus 1%, for the 2021-2023 scheme Interest fees start at 1.75% and rise each year in April by the Consumer Prices Index (CPI) plus 2%. We use cookies to improve your experience and enable certain functionality. Help to Buy: Equity Loan is a great incentive that allows you to buy a brand-new home much sooner than you may have been able to otherwise. 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. From here you can relax and take in the tranquil views over the leafy parks and courtyard gardens and onto the River Thames. Riverside living 9 minutes from Canary Wharf, East London’s largest residential health club. Applicants are required to fund at least 60% of the purchase price with a conventional main mortgage and minimum of 5% deposit. Includes both residential (new homes) and commercial (offices, retail, hospitality, industrial) schemes. 2020 Winners. First-time buyers in all London boroughs can get an equity loan of up to 40% when buying their property. We're building in new communities across the UK, and Help to Buy is available at many of them. 1.0.0.20 As a Trammell Crow Company developer, our success is driven by keeping our promises and being a trusted partner to everyone we work with. A new Help to Buy: Equity Loan for first time buyers only will replace it on 1 April 2021. The equity loan is provided by the Government’s Homes and Communities Agency, trading as Homes England, and held as a second charge on the Help to Buy home. Find New Builds & Developments For Sale in London with Rightmove. Vetro – Coming in Spring 2021 E14. 13/05/2020 Help to Buy Average purchase prices (excluding London) to December 2019 by Help to Buy: Equity Loan - Infogram . The current Government-funded Help to Buy equity loan is available for completions by 31st March 2021. All properties will be equipped for contemporary living, while select apartments will feature private outdoor space be it in the form of a balcony or terrace. New developments launching in 2020 include Hounslow, Queensbury, Highams Park, Charlton and Tottenham. If you didn’t reserve on the day and for those who couldn’t make it, we are still here to help make buying in London a reality. How can Foxtons New Homes help you? What is Help to Buy? London is a complex city with one of the most diverse cultural fabrics of the world, presenting architects, developers and politicians alike with numerous challenges when it comes to housing the people that contribute to its success. Register to receive updates, check your eligibility and book open day viewings.. With the government's Help to Buy: Shared Ownership scheme you can buy as little as 25% or as much as 75% of a home and pay rent on the rest. Register to receive updates, check your eligibility and book open day viewings.. Previous Winners. > Find out more about our cookies and how we use them. Sort. 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 41 results. With the government's Help to Buy: Shared Ownership scheme you can buy as little as 25% or as much as 75% of a home and pay rent on the rest. The government enacted the Help to Buy Equity Loan to help people get onto the housing ladder. Help to Buy schemes are available to those who need help getting onto the property ladder. Alternatively, look out for the Help to Buy logo on new-build developments and ask about the scheme there. 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