50 The Spires
5 Wilmer Way, St. Ives, PE27 4AL
with min. deposit
2 bedroom end of terrace house
Wonderful 2 bedroom terraced house in the Spires development. The price advertised represents purchasing a 50% share of the home.
About the Development
Needingworth is a popular village located within Cambridgeshire lying approximately 7 miles east of Huntingdon. Located on the Barratt David Wilson new homes development ‘The Spires’, there are a range of two & three bedroom Shared Ownership homes on offer.
The development is surrounded by rolling countryside whilst also providing easy access to both the A14 and A1 with St Ives also just a short drive away with its array of shops, restaurants and superb range of amenities. There are a number…
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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