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.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Help to Buy: Equity Loan (2021-23), England is available for First Time Buyers on properties up to the maximum value of the regional price caps below:
North East £186,100,
North West £224,400,
Yorkshire and the Humber £228,100,
East Midlands £261,900,
West Midlands £255,600,
East of England £407,400,
London £600,000,
South East £437,600,
South West £349,000,
If you qualify for Help to Buy assistance and you raise a mortgage for at least 25% of the purchase price of your new home from a lender, you can borrow up to 20% of the purchase price by taking out a loan secured over your new home from the Government's Homes & Community Agency (trading as Homes England) over a period of 25 years. A 5% cash deposit is required at exchange. More may be required at completion depending upon circumstances and your lender's criteria. Help to Buy is subject to eligibility and terms and conditions. Homebuyers can find their Help to Buy agent at helptobuy.gov.uk.
The property purchased must be your only residence and you cannot have owned a home in the past. You cannot rent out your existing home and buy a second home through Help to Buy.
Help to Buy: Equity Loan (2021-23) is not applicable on discount market value homes.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. 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 2022. 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. Applications for Help To Buy (Scotland) closed on 5th February 2021.