Join us for a glass of champagne & a tour of our beautiful show homes on Saturday 14th August. Plus if you reserve as a result of viewing on the day, when you complete, you can indulge in a shopping spree with £1,000 worth of vouchers on us**
Harringay Green Lanes
Note: Distances are straight line measurements
6th Aug 2021
Notting Hill Genesis - Heron Quarter at Woodberry Down- shared ownership, N4
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.