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3 bedroom semi-detached house for sale

Pennycress Fields - Help to Buy, Stoke Orchard, Cheltenham, Glos, GL52 7SJ

Sold by Us POA

Property Description

Key features

  • Development by Knarsboro Homes
  • 3 Bedroom Property
  • HIGH Specification
  • Integrated Smeg Appliances
  • Help To Buy

Full description

OWN 100% of your home paying only 80% of the price today.
80% of full price that you pay today £228,000
Your mortgage 75% £213,750
Deposit 5% £14,250
Equity Loan 20% £57,000
Total Purchase Price £285,000

With Help To Buy you can buy your new home with the assistance of a Government funded loan.
* Terms & conditions apply

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.

Don't miss out on this great incentive - call now to book your viewing.

CGIs are for illustrative purposes only some details may vary. Images are taken from the show home.

Listing History

Added on Rightmove:
13 July 2016

Map & Street View

Disclaimer - Property reference 152199. The information displayed about this property comprises a property advertisement. 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, Gloucestershire. 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.

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