Rbci are delighted to offer for sale a range of newly built well planed & spacious Two Bedroom Semi Detached homes set within a Close in the Heart of New Haw Village, Addlestone. Available With Help to Buy 20% Equity Loan Scheme. Planned Comp End of May.
Byfleet & New Haw
Note: Distances are straight line measurements
18th Apr 2019
RBC Investments (Surrey) Limited - Edwards Close, KT15
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.