Plot 427 Designed with inspiration, this stylish two-storey home features a versatile, open-plan downstairs layout, two good-sized bedrooms, a bathroom and a downstairs cloakroom/wc. Ideal for enjoying your own space and welcoming visitors, the ...
Note: Distances are straight line measurements
22nd Jun 2020
Countryside - Greenwich Millennium Village, SE10
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.