Help to Buy Equity Loan repayments, mortgages and selling your home
When you use the Equity Loan to buy a property in Windsor, 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 Windsor, 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 01344 567 887.
Help to Buy Windsor - Recently Completed:
- 23 Alma Road, Eaton Wick, Windsor, SL4 6JZ
- 25 Vale Road, Windsor, Berkshire, SL4 5JZ
- Warren Chase, 38 Hatch Lane, Windsor, Berkshire, SL4 3RW
- 21 Horseshoe Cloister, Windsor, Berkshire, SL4 1NJ
- 13 Temple Road, Windsor, Berkshire, SL4 1HP