Barratt Homes North Thames is celebrating four years of Help to Buy in Hertfordshire.
The homebuilder is currently building homes in Hertfordshire at Swallow Fields which comes under Dacorum Borough Council. 447 homebuyers within the local authority have purchased a home using Help to Buy since the scheme’s launch in 2013.
Barratt Homes North Thames is encouraging homebuyers throughout Hertfordshire to take part in the popular scheme which has already helped tens of thousands of people across the country to buy a brand new home.
The scheme enables anyone, both existing owners and first time buyers, to put down just five per cent as a deposit for their new home and to take advantage of a government equity loan providing access to more affordable mortgage rates.
Glenn Copper, Head of Sales for Barratt Homes North Thames, said: “It is great to see areas such as Dacorum achieving such high figures for the scheme in the county.
“Help to Buy has proved so helpful to so many homebuyers and we would encourage anyone looking to buy a home with lower upfront costs and lower monthly repayments to get in touch. If you are unsure of how Help to Buy can help you, please enquire today.”
Help to Buy was created with the purpose of assisting buyers, first time or otherwise, with affordable home ownership. The scheme allows any homebuyer to secure a brand new home under the value of £600,000 with just a five per cent deposit. The government lends the buyer 20 per cent of the value of the property in the form of an interest free equity loan for five years, meaning that buyers then gain access to some of the great mortgage rates currently available with just a 75 per cent mortgage. Available to all homebuyers, not just first timers, the scheme helps anyone looking for a boost up the property ladder.
On the Barratt Homes website there is a lot more information on Help to Buy – http://www.barratthomes.co.uk/Offers/Help-to-Buy/ together with a handy calculator which shows how much people can borrow using the scheme.
Barratt Homes North Thames is currently building homes at Swallow Fields on Three Cherry Trees Lane in Hemel Hempstead. There are currently four bedroom homes for sale with prices starting form £405,950.
For more information, please visit the sales centre open Thursday-Sunday 10am-5.30pm and Monday 12.30pm.5.30pm. Alternatively, you can call the sales information line on 0844 811 4888, or visit www.barratthomes.co.uk.
