The Stratford is one of our stunning show homes, ready to view now at Kings Glade! A magnificent 6 bedroom family home. The ground floor enjoys a large front lounge with bay window, a spacious kitchen with doors out to the garden and separate utility ...
Sandal & Agbrigg
Note: Distances are straight line measurements
28th Nov 2017
Linden Homes - Kings Glade, WF2
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.