Mermaid House, Cross Street, Portsmouth, PO1 3GF
with min. deposit
1 bedroom house
Could you imagine yourself living in this light, modern 3rd floor apartment. Located in a great location close to the heart of the historic city offering an abundance of discounted designer outlets, coffee shops, bars and restaurants, it is the perfect place for exploring, shopping, dining and taking in the stunning sights of this coastal city.
The apartment boasts fantastic open plan kitchen/living area. The kitchen is modern, well equipped and has ample worktop and cupboard space. Large windows allow light to flood in making the space feel bright, airy and fresh.
The double bedroom has plenty of space to display all your personal …
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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