Property 05 is a beautiful one-bedroom apartment measuring 616 square feet, ideally located on the ground floor boasting a North facing private patio. The spacious living room is decorated in a natural colour which gives a bright and airy feel, the ...
Aspatria
(7.0 miles)
Maryport
(7.1 miles)
Note: Distances are straight line measurements
Listed on
22nd Feb 2022
by
McCarthy Stone - Lancaster Court, CA13
Property 20 is a beautiful one-bedroom apartment measuring 588 square feet, ideally located on the first floor boasting a North facing Juliet balcony. The spacious living room is decorated in a natural colour which gives a bright and airy feel, the ...
Aspatria
(7.0 miles)
Maryport
(7.1 miles)
Note: Distances are straight line measurements
Listed on
22nd Feb 2022
by
McCarthy Stone - Lancaster Court, CA13
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.
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