Help To Buy
Help to Buy is a Government-backed scheme to help buyers secure a mortgage on a new build home. It means that homebuyers can own a home with only a 5% deposit and gain funding up to 20% of the purchase price. Remember, that this initiative is available to all buyers, not just first time buyers.
How does Help to Buy work?
With Help to Buy you’ll receive an equity loan from the Homes and Communities Agency (HCA) to help you secure a mortgage. The scheme has been designed to assist those who would be able to sustain a mortgage, but who cannot currently acquire one due to large deposit requirements.
Help to Buy offers up to a maximum of 20% of the purchase price through an equity loan funded by the Government. The remaining 80% is then made through 5% deposit contribution and a 75% mortgage from a bank or building society.
The equity loan is available on new build properties up to a maximum value of £600,000 in England.
For further information about Help to Buy, please speak to one of our Sales Advisors who can assist you with more information. (Terms and Conditions apply please ask for full details.)
Why Westerman Homes
Westerman Homes have been providing high quality homes at realistic prices for over 85 years and purchasers can feel content in the knowledge that their new home has been tastefully designed and constructed. We will also do everything we can to ensure your move goes as smoothly as possible.
Walter Westerman started his own business in 1933 and Westerman Homes is still a family run business with the same philosophy of providing high quality homes at realistic prices.Find Out More
Helping You Move
Westerman Homes will do all we can to help you move, as such we have listed some of our commonly used services which we hope you will find useful.Find Out More
Help To Buy
You could buy a Westerman home with only a 5% deposit and gain funding up to 20% of the purchase price - for a limited time this initiative is available to all buyers, not just first time buyers.Find Out More