29 The Skylarks
29 Pankhurst Close, Loughborough, LE12 6NZ
with min. deposit
2 bedroom bungalow
Wonderful 2 bedroom bungalow in the Skylarks development. The price advertised represents purchasing a 50% share of the home.
About the Development
This wonderful new development is located in the heart of Nottinghamshire and surrounded by panoramic views of forests and farm land. East Lake is an astounding and quaint little village that is within walking distance of the development. These 2 and 3 bed homes are perfect for those looking to embark on a shared ownership journey.
About the Home
This 2-bedroom bungalow opens to a spacious hallway. To either side you are presented with the bedrooms, both with large windows. Further down the hall …
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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