Hyde New Homes at Shopwyke Lakes
Shopwyke Road, Chichester, PO20 2EP
with min. deposit
Phase 3 coming soon! 2 & 3 bedroom houses available for shared ownership.
Register your interest to receive details of the launch of the next phase at Shopwyke Lakes.
Shopwyke Lakes offers residents the perfect balance of rural living with all of the amenities of a thriving and vibrant city just a mile to the west. With both outdoor and urban lifestyles well-catered for, Shopwyke Lakes truly is a home for all seasons.
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