Why Buy New?

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When you’re looking to buy a
new home, there are times
when things can start to seem
like an impossible dream.
But fear not. Buying a new home
gives you a number of options
that can make the ultimate goal of
home ownership more affordable
and completely achievable.
HELP TO BUY
Help to Buy is the incredibly
popular Government-backed
initiative designed to help people
buy a home. So far, nearly 50,000
house hunters have taken
advantage of it to help them
take their first or next step on
the property ladder.
And it’s not just one scheme.
There are a range of options
available through Help to Buy,
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buyer or moving home, there
could be a scheme for you.
These include:
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PART EXCHANGE
A number of house builders
operate Part Exchange schemes,
whereby they buy your existing
home from you for the market
value, allowing you to invest in
a new home.
The service aims to provide a
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taking away the hassle involved
in selling your own home. Part
exchanging means there’s no
chain involved and the vendor has
a guaranteed sale.
It also cuts out estate agents’ fees.
SHARED EQUITY
Many house builders offer low
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These are schemes whereby,
instead of paying 100% of the
property price, buyers can pay
up to 25% less while still owning
100% of their home. The builder
‘keeps’ the other share of the
house, meaning the person
buying only needs to get a
mortgage of say 75% of the value
of the home, meaning a smaller
deposit and mortgage.
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loan will need to be repaid,
often when the house is sold
or after a certain number of years,
but it allows people to get a foot
on the ladder.
THERE ARE MORE WAYS THAN
YOU THINK TO BUY NEW
FEAR NOT.
WAYS IN WHICH TO BUY NEW
HELP TO BUY PART EXCHANGE SHARED EQUITY
For more information about new homes,
please speak to a Sales Consultant or visit
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