Crest Nicholson - Woodlands Park, B90 Property new homes
Blythe Valley Park, Solihull, B90 8AT | Call +44 121 721 8754 **
** Calls to this number will be recorded for quality, compliance and training purposes.
Sorry, we were unable to locate any results matching your search criteria. Please amend your search options or try searching again.
What is the Help to Buy equity loan?
It's a loan that's linked to the rise and fall in the value of your home. If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property's value.
You won't be charged loan fees on the equity loan for the first five years of owning your home.
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%.
The loan itself is repayable after 25 years or on the sale of the property if earlier.
.png){kind=logo}