A key mission at Magna Homes is to provide well designed, high specification homes for first time buyers, that although compact, do not compromise on quality. By removing the barrier of a large deposit and by reducing the level of your mortgage for 5 years interest free, the governments Help to Buy scheme could be the key to getting you on the ladder.
Who is eligible?
Equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000. You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy Equity Loan.
Request a call back from our IFA
“It's hard to believe that I own my own property, but I do! By using help to buy I was able to secure my apartment with a 5% deposit, and my mortgage repayments are less that the rent I was paying for my old place, I couldn't be happier.”