Urban Rhythm are pleased to be able to offer homebuyers the Help to Buy Scheme across its developments.
What is Help to Buy?
Help to Buy* is a new equity loan scheme introduced by the Government in a bid to make buying more affordable. It allows homebuyers to secure a new home with a low 5% deposit and 75% mortgage. The remaining 20% is funded by a deferred equity loan from the Homes and Communities Agency (HCA) that is interest free for the first five years and can be repaid at any time or upon the sale of your home.
It’s available to both first time buyers and existing homeowners on new build properties in England worth up to £600,000.
*Subject to Help to Buy scheme rules. Mortgage offer is subject to application and status. Full details of the mortgage product are only available through Urban Rhythm’s independent mortgage advisor