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Greenwich Millennium Village :: Help to Buy

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Greenwich Millennium Village :: Help to Buy Consultation NOW RESERVING! Click here to register E:Call us on: 0208 023 8034 E:gmv@cpplc.com HomeLocationTransportThe VillageThe Greenwich PeninsulaThe VisionHistoryVideoMasterplanGallerySpecificationAvailabilityThe TeamCustomer CareEnquiriesNews Buy with just a 5% petrifaction with London Help to BuyJUST ONE STOP FROM CANARY WHARFAcres of parkland and an Ecology Park to exploreNEW JUBILEE LINE NIGHT SERVICE NOW OPERATING FROM NORTH GREENWICH* Find Your New Home Select price range... £200,000 - £249,999 £250,000 - £299,999 £300,000 - £349,999 £350,000 - £399,999 £400,000 - £449,999 £450,000 - £499,999 £500,000 - £549,999 £550,000 - £599,999 £600,000 - £649,999 £650,000 - £699,999 £700,000 - £749,999 £750,000 - £799,999 £800,000 - £849,999 £850,000+ Number of bedrooms... 1 2 3 4     London Help to Buy at Greenwich Millenium Village What is London Help to Buy? To reflect the difference in the London property market the Government has increased the probity loan misogynist to London home buyers. The London Help to Buy scheme launched on 1st February 2016 and is aimed to help first time buyers or second steppers to buy a new-build home in the capital.The scheme doubles the upper limit of the government probity loan, from up to 20% of the property’s value to 40%. As with the existing scheme, London Help to Buy has a £600,000 maximum price limit and is only misogynist on new-build homes within the capital’s 33 boroughs.To qualify, you will need a petrifaction of 5% and a mortgage for up to 55% of the value of the home. The Government will then provide an probity loan of up to 40% of the property’s value, which is interest self-ruling for the first 5 years. For example, for a property in London with a value of £476,000 you will need: 5% petrifaction of £23,800 55% mortgage of £261,800 40% government probity loan of £190,400 London Help to Buy has a few special requirements: It is misogynist on homes for sale within one of the 33 London Boroughs. It is misogynist to UK citizens and those with a right to remain indefinitely in the country. It covers full home ownership only, and is therefore not misogynist for shared probity or shared ownership. It is misogynist for the purchase of a person’s primary home only, so not for second homes, investment or buy-to-let purchases. It only applies to wanted repayment mortgages rather than interest-only mortgages. Buyers must not receive help with their petrifaction from a local validity or other public body. A HomeBuy wage-earner trammels will be required. *40% loan is interest self-ruling for the first 5 years. 5% petrifaction is workable with the Government’s Help to Buy scheme. Calculation whilom is indicative only.  Available on selected plots only. Buyers will need to have sufficient funds to pay legal and sundry costs.  Equity petrifaction percentage may be subject to lender’s and Government criteria. Prospective buyers should unchangingly seek self-sustaining financial translating surpassing proceeding. Countryside works with a number of self-sustaining financial tutors who are worldly-wise to provide towardly advice. Countryside terms and conditions apply. Subject to status. Greenwich Millennium Village is a joint venture between Countryside and Taylor Wimpey in undertone with the Mayor of London. © 2017 Countryside Properties PLC, The Drive, Brentwood, Essex CM13 3AT | Registered in England No. 09878920 E-mail group@cpplc.com | Privacy Policy | Cookie Policy | Accessibility | New Homes Countryside pursues a policy of continuous improvement. Whilst every effort has been made to ensure the information on this website is correct, it is intended as a guide only and the visitor reserves the right to yo-yo the information as necessary without prior notice. This information does not constitute or form part of a contract for sale. Computer generated images are indicative only and may vary from the illustration.