31 Hunter's Chase
6 Elms Road, Bury St. Edmunds, IP28 8TD
with min. deposit
2 bedroom terraced house
Brand new 2-bedroom mid terraced house in the Hunter's chase development, available through shared ownership in Newmarket. The price represents purchasing a 45% share of the property
About the Development
Hunter's Chase is an exclusive development situated in an established Suffolk village benefiting from lots of open spaces. Our selection of 2 and 3 bedroom houses are available on the new build development are within walking distance to local amenities and the open spaces of Red Lodge Heath. Hunter's Chase is located 7 miles from the historic town of Newmarket, which offers great travel links for commuters via the A14 and A11 to various …
|Number of floors||1|
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