Help to Buy is a Government backed scheme which helps homebuyers across England to purchase a new-build home. Burkhard Homes is a proud partner of the scheme. Please feel free to visit one of our sales suites at our current developments. We welcome the opportunity to explain the benefits of the scheme and how it can help you into one of our homes.
So how does it work:
Example: for a home with a £200,000 price tag
If the home in the example above sold for £210,000, you’d get £168,000 (80%, from your mortgage and the cash deposit) and you’d pay back £42,000 on the loan (20%). You’d need to pay off your mortgage with your share of the money. For more information (including advice on fees and paying back your loan) please see the Help To Buy website link below.