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The Government could lend you up to % of the value of your property through an equity loan.
(%)
Mortgage Value
You will need to secure a % mortgage.
(%)
Please note Help to Buy is available on properties up to a maximum value of £600,000 in England.
Help to Buy is available on properties up to a maximum value of £200,000 in Scotland.
£
Your deposit (5%)
Help to Buy loan (%)
Your mortgage (%)
Now find your new Miller home
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT
Miller Homes do not provide mortgages and this information is only a guide. More information would be required in a mortgage application and advice should be sought from an Independent Financial Advisor.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. If you qualify for Help to Buy assistance and you raise a mortgage for at least 75% of the purchase price of your new home from a lender, you can borrow up to the remaining 20% of the purchase price by taking out a loan secured over your new home from the Government's Homes & Community Agency (HCA) over a period of 25 years. A 5% deposit is required by the lender. More may be required depending upon circumstances and your lender's criteria. Help to Buy is subject to eligibility and terms and conditions. Terms and conditions apply. Miller Homes do not provide mortgages and this information is only a guide. More information would be required in a mortgage application and advice should be sought from an Independent Financial Advisor.
Help to Buy (Scotland) Affordable New Build scheme is available on properties up to a maximum value of £200,000 in Scotland for the period from 1 April 2017 to 31 March 2019. If you qualify for assistance and you raise a mortgage for at least 80% of the purchase price of your new home from a lender, you can borrow up to the remaining 15% of the purchase price by taking out a loan secured over your new home from the Scottish Government. A 5% deposit is required by the lender. More may be required depending upon circumstances and your lender's criteria. Help to Buy (Scotland) Affordable New Build assistance is subject to eligibility and terms and conditions.
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