Plot 22 A great opportunity to purchase this beautiful, spacious and light two bedroom apartment on the popular new Sherford development in Plymouth. This property is laid with carpets throughout and we are offering free legal fees! Move in now!
Note: Distances are straight line measurements
26th Oct 2017
LiveWest - Sherford, PL9
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.