Our New Build Kensington Team
We have recognised that the New Build market is becoming increasingly prominent, so we now have a specialist New Build Team providing the best advice to our clients in Kensington.
Our New Build Kensington team have access to a range of specialist products, which not all brokers do, specifically tailored to new build properties.
We’re familiar with all of the requirements and legislation surrounding new build property and have an intimate knowledge of Government backed schemes such as Help to Buy and Shared Ownership.
The New Build Kensington Team understand developer’s expectations of their purchasers in terms of their timescales. Our New Build mortgage advice will ensure that your mortgage application is processed in the most effective and efficient way to secure the property you want.
As a company we have established relationships with a large number of developers ranging from small local and regional companies to larger national house builders, and are the broker of choice they use to qualify and advise their purchasers.
The government has created ‘help to buy’ scheme to help hard working people get on to the property ladder, there are various forms of help to buy but the equity schemes are only available with participating new home developers.
Help to Buy Equity Loan
With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
London Help to Buy Equity Loan
To reflect the current property prices in London, from February 2016 the Government is increasing the upper limit for the equity loan it gives new home-buyers within Greater London from 20% to 40%.