3 bedroom property for sale

The Burton, Charlotte Mews, Heath Rise, Cadbury Heath, Bristol, BS30 8DD

POA

Property Description

Key features

  • The Help to Buy scheme is available on all newly built homes in England up to 600,000.
  • Help to Buy is available to all purchasers, not just first-time buyers.
  • The scheme is not available for Buy-To-Let.
  • The scheme is only available in relation to capital repayment mortgages.
  • Customers will only need to secure a 75% mortgage.

Full description

FULL PRICE is 290,000
Mortgage required would be 75% 217,500
Your deposit would be 5% 14,500
Government equity Loan would be 20% 58,000

WHAT IS HELP TO BUY?

With Help To Buy you can buy your new home with the assistance of a Government funded loan.

The Government will lend up to 20% of the value of a new build home through an equity loan*. The buyer contributes a deposit of their own (minimum 5%), then the Help to Buy scheme supplements that deposit to provide a 25% deposit in total. This leaves the buyer needing a mortgage for 75% of the property value.

*The government equity loan is interest free for the first five years. From year six a fee of 1.75% will be charged, rising annually by RPI inflation plus 1%. The equity loan can be repaid at any time within 25 years (or the terms of the mortgage), or on sale of the property.


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More information from this agent

Listing History

Added on Rightmove:
10 November 2016

Nearest stations

  • Keynsham (2.2 mi)
  • Lawrence Hill (3.7 mi)
  • Stapleton Road (4.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Andrews Estate Agents - New Homes, Bath/Bristol

The Clock House Bath Hill Keynsham Bristol BS31 1HL

0117 407 2114 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Keynsham (2.2 mi)
  • Lawrence Hill (3.7 mi)
  • Stapleton Road (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Andrews Estate Agents - New Homes, Bath/Bristol

The Clock House Bath Hill Keynsham Bristol BS31 1HL

0117 407 2114 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 308385. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrews Estate Agents - New Homes, Bath/Bristol . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.