Government-backed Help to Buy Equity Loan Scheme is available on all Westerhill Homes plots up to £600,000, subject to terms & conditions. Help to Buy eligible applicants will be offered an equity loan of up to 20% of the purchase price (based on open market value). The registered provider will hold a 2nd charge on the property. Applicants are required to fund 80% of the purchase price by means of a conventional mortgage, savings and deposit. Applicants must obtain their conventional mortgage from a qualified lending institution.
Click here for further information https://www.helptobuy.gov.uk/equity-loan/equity-loans/