Help to Buy Equity Loan repayments, mortgages and selling your home
When you use the Equity Loan to buy a property in Yiewsley, 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 Yiewsley, 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 Yiewsley - Recently Completed:
- 44 Appletree Avenue, Yiewsley, Middlesex, UB7 8BY
- 10 Rowlock House, West Drayton, Middlesex, UB7 7FX
- 9 Fairfield Road, West Drayton, UB7 8EY
- Flat 5, Mallard House, 1 Wraysbury Drive, West Drayton, UB7 7FD
- 3 St Martins Rd, West Drayton, UB7 7EP