Roxborough House Apartments are available to purchase with Help to Buy
What is Help to Buy?
Help to Buy puts property ownership within reach and means an end to renting for thousands of Londoners.
If you have a deposit of just 5%, the scheme offers a Government equity loan of up to 40% of the value of your home. That means you only have to secure a mortgage of up to 55% from a bank or building society.
The loan comes interest-free for the first five years and can be repaid at any time during the loan term or on the sale of your home.
So what does that mean for you?
Well, with prices starting at £335,000, you could purchase with a salary of around £41,000 and a £16,750 deposit*. Couples can also purchase together and combine salaries.
How it works
Please contact us for further information or click here to make an appointment to view the show apartment.
*Subject to status, mortgage and Help to Buy Terms and Conditions and eligibility. The Help to Buy equity loan is interest free for the first five years, after five years, an annual fee of 1.75% of the outstanding equity loan is charged which increases annually by RPI plus 1%. The example is based on obtaining a 25 year mortgage currently being offered by Barclays with an initial fixed rate of 1.55% until 31st October 2019. Overall mortgage cost for comparison 3.5% APRC. A £999 fee applies. Monthly cost excludes service charge, ground rent and any other outgoings. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Prices and rates correct at time of going to press. Always seek advice from a mortgage specialist.