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| LOCATION | ADDRESS | |
|---|---|---|
| Prime | Thames House, 77 High Street Esher, Prime, Surrey, KT10 9QA | |
| Bookham | 14-18 Church Road, Bookham, Surrey, KT23 3PW | |
| Woking Lettings | Bridge House, Goldsworth Road, Woking, Surrey, GU21 6JT | |
| Teddington Lettings | 21a High Street, Teddington, , TW11 8EU | |
| London | 40 St James's Place, London, , SW1A 1NS | |
| Leatherhead | Curchods Land & New Homes Department, Wix Hill House, Epsom Road, Leatherhead, Surrey, KT24 6DY | |
| Head | Wix Hill House, Epsom Road, Head, Surrey, KT24 6DY | |
| Weybridge Lettings | Portmore House, 54 Church St, Weybridge, Surrey, KT13 8DP | |
| Kingston upon Thames Lettings | First Floor, 56 - 58 Wood Street, Kingston upon Thames, Surrey, KT1 1UW | |
| Woking | Bridge House, Goldsworth Road, Woking, Surrey, GU21 6JT | |
| Walton-on-Thames Lettings | 63 High Street, Walton-on-Thames, Surrey, KT12 1DJ | |
| Property Lettings | 63 High Street, Property, Surrey, KT12 1DJ | |
| mortgage | Wix Hill House, Epsom Road, mortgage, Surrey, KT24 6DY | |
| Guildford Lettings | The Clock House, 2 Epsom Road, Guildford, Surrey, GU1 2AF | |
| New Homes | Curchods Land & New Homes Department, Wix Hill House Epsom Road, New Homes, Surrey, KT24 6DY | |
| Weybridge | Portmore House, 54 Church Street, Weybridge, Surrey, KT13 8DP | |
| West Byfleet | 56 Station Approach, West Byfleet, Surrey, KT14 6NE | |
| Teddington | 21 High Street, Teddington, , TW11 8EU | |
| Shepperton | 58 High Street, Shepperton, Surrey, TW17 9AU | |
| Ottershaw | 2 Chobham Road, Ottershaw, Surrey, KT16 0NL | |
| New Malden | 31 High Street, New Malden, Surrey, KT3 4BY | |
| New Haw | 300a Woodham Lane, New Haw, Surrey, KT15 3NT | |
| Kingston upon Thames | 56 - 58 Wood Street, Kingston upon Thames, Surrey, KT1 1UW | |
| Guildford | 4 London Road, Guildford, Surrey, GU1 2AF | |
| Godalming | 27 High Street, Godalming, Surrey, GU7 1AU | |
| Farnham | 45 Downing Street, Farnham, Surrey, GU9 7PH | |
| Esher | 77 High Street, Esher, Surrey, KT10 9QA | |
| Cranleigh | Cranleigh House 32 High Street, Cranleigh, Surrey, GU6 8AE | |
| East Horsley | 12 Bishopsmead Parade, East Horsley, Surrey, KT24 6RT | |
| Cobham | 7 Hollyhedge Road, Cobham, Surrey, KT11 3DQ | |
| Walton-on-Thames | 79 High Street, Walton-on-Thames, Surrey, KT12 1DN |
12th March 2019
As a buyer, it means you now need to borrow a much lower amount than before. Assuming you have a 5% deposit (£20,000 on a £400,000 purchase price) the fact that you now only need to borrow 75% of the mortgage compared to 95% without Help to Buy means you will get a much better interest rate and it becomes much more accessible to those on lower incomes.
Help to Buy was restricted to just first time buyers, but now existing homeowners can also benefit if the new build property you are purchasing under the scheme is your only residence and as long as you are not entering the scheme with the aim of renting it out in the future.
After the five year interest-free period has ended, the loan has to be repaid or interest is charged at 1% over Retail Price Index (RPI) – currently this is calculated at 1.75%. Alternatively, if you have saved or re-mortgaged you can pay the loan off, based upon the percentage borrowed of the current market value.
Help to Buy in its current form is due to run until the end of March 2021 by which date completion on your new home purchase must have taken place. After this date the Help to Buy scheme will only be available to First Time Buyers and will be capped at a purchase price of £437,600 in the south east of England and £600,000 in the London area.
As a developer, if you are not already registered with the Government Help To Buy scheme, we can provide expert guidance and advice on how to register and submit applications to help you find the right buyer more quickly.