Help to Buy Equity Loan repayments, mortgages and selling your home
When you use the Equity Loan to buy a property in Brentford, no repayments on the Government loan need to be made for 5 years.
The loan is cheaper to finance than it would be on the open market and you only have to get a mortgage for a maximum of 75% of the property’s value.
That said, the Government has a charge on your property in Brentford, worth up to 20% (40% for London Help to Buy), as well as the mortgage lender’s charge. Until the Government loan is repaid, on sale, the Government will be due up to 20% of on any increase in the property value.
If you would like advice more about the Help to Buy schemes, call 0207 112 5388.
Help to Buy Brentford - Recently Completed:
- 503 Laval House, Ealing Road, Brentford, Middlesex, TW8 0GQ
- High St, Brentford, Middlesex TW8 8AT
- Flat 10, 41-42 Kew Bridge Road, Brentford, London, TW8 0RF
- 8 Wickham House, 14 King Street, Richmond TW9 1ND
- 9 Almond Grove, Brentford, MIddlesex, TW8 8NP