173 The Chimes
8 Morpeth Close, Bicester , OX26 1GB
with min. deposit
3 bedroom semi-detached house
Wonderful 3 bedroom semi-detached house in the Chimes development. The price advertised represents purchasing a 50% share of the home.
About the Development
The Chimes is a brand new Barratt homes development, located in the newly formed Kingsmere Village. This selection of 3 bed homes are perfect for those looking to own a home and begin their shared ownership journey.
The development is surrounded by lovely greenery and the area has something for everyone. Famous for its retail outlet 'Bicester Village', the area has a range of retail outlets for everyone to enjoy.
About the Home
This plot is a brand new 3 bedroom house with a hallway that …
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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