11 The Longlands
Plot 11, Stourbridge, DY8 3TW
with min. deposit
2 bedroom semi-detached house
Wonderful 2 bedroom semi-detached house in the Longlands development. The price advertised represents purchasing a 45% share of the home.
About the Development
Close to the Stourbridge Ring Road and the bustling town centre, these two and three bedroom semi-detached family homes are ideal. Growing families and commuters alike will benefit from these brand new homes having a wonderful finish in the highly sought after area of Stourbridge.
The local amenities include shops, supermarkets and pubs within a short walk. Furthermore the area boasts transport links with the wider region with a new bus transport hub, regular trains to Birmingham Snow …
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with min. deposit
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ