214 Marham Park
8 Peachey Close, Bury St. Edmunds, IP32 6GU
with min. deposit
2 bedroom end of terrace house
Wonderful 2 bedroom terraced house in the Marham Park development. The price advertised represents purchasing a 50% share of the home.
About the Development
A collection of 2 bedroom homes by Bellway boasts at Marham Park. The highly desirable location is on the edge of historic Bury St. Edmunds and just a short walk from the charming village of Fornham All Saints.
With easy access to vibrant shopping opportunities, a tempting restaurant circuit, well-regarded local schooling and excellent transport links, Bronze Fields is sure to appeal to a wide audience of purchasers, including first time buyers, families and professionals.
About the Home
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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