Help to Buy at Hungate

OBLIGATION FREE HELP TO BUY APPOINTMENTS

Find out how you could purchase your new home at Hungate, York with just a 5% deposit (from £13,850*).

Help to Buy appointments are now available where our team will be available to take you around our Show Apartment and can connect you with Mortgage Brokers and Solicitors, who will be able to answer all of your Help to Buy queries.

There is currently a selection of 2 and 3-bedroom apartments available with prices from £277,000*.

The scheme is available to both first time buyers and existing homeowners.

 

Location: Hungate Sales & Marketing Suite, The Stonebow, York, YO1 7NZ.

Book your appointment by completing the form below.

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A member of our Sales Team will get back to you shortly.

About Help to Buy

The Government-funded Help to Buy Equity Loan scheme has been extended to 2021, so you could purchase your new home at Hungate with just a £9,800 deposit*.

Key features of the Help to Buy scheme include:

  • A deposit of 5%
  • An equity loan of up to 20% of the purchase price from the Government
  • You only need to secure a mortgage of 75%
  • The equity loan is interest free for the first 5 years
  • Available on new build homes up to £600,000
  • The scheme is open to everyone, whether you’re a first-time buyer or a homeowner looking to move or up-size

Some restrictions apply to Help to Buy:

  • The property you are purchasing must be your only residence
  • The scheme is only available for owner-occupiers, so you won’t be able to rent out the property
  • You will not be able to own other properties after completion

For more information on the Government’s Help to Buy scheme, visit http://www.helptobuy.gov.uk

About Hungate

Hungate is a riverside scheme within the historic city walls of York. Just a short walk from the city centre and its many shops, restaurants and transport links, the site offers new homes, ranging from one-bedroom to three-bedroom properties. Our apartments are all available with the Help to Buy Equity Loan scheme, and all benefit from sustainable building practices. Features include solar panels and underfloor heating, meaning buyers not only benefit from a more affordable way to buy a home but cost-effective energy bills too.

Visit Hungate to find out more about the development. 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Available on new build homes up to £600,000 subject to the Government ‘Help to Buy’ terms and conditions and only available to customers where a primary mortgage is secured. Not available on second, additional homes, buy-to-let or let-to-buy properties. HomeBuy agent eligibility check required. The equity loan is interest free for the first five years and needs to be a minimum of 10% of the purchase price. Hungate, York qualifies for Help to Buy England which offers an equity loan of up to 20%. After five years, an annual fee of 1.75% of the outstanding equity loan is charged. This is increased annually by RPI plus 1%. Subject to status, terms and conditions apply. Digital illustration is indicative only Prices & availability correct at the time of print. *£9,800 is based on current availability, purchasing an apartment at £196,000 with a 5% deposit. Prices and availability are subject to change.