706 The Fairacre Collection (Bovis Homes)
9 Merlin House, Witney, OX29 7AZ
1 bedroom flat
New first floor apartment in the Fairacre Collection development. The price advertised represents purchasing a 45% share of the home.
About the Home
As you enter this first floor, 1 bedroom apartment you walk into the open hallway which allows access to a storage cupboard. Moving down the hall you have access to the spacious bedroom and three piece bathroom with shower over bath.
To the rear of the apartment is the open plan lounge/kitchen with integrated oven, hob and extractor and fitted worktops. The apartment has flooring throughout and allocated parking.
About the Development
The Fairacre Collection includes these delightful 1 bedroom …
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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