1 Bedrooms Flat for sale in Alberton Court, Alberton Road, Bristol BS16 | £ 195,000
Overview
| Price: | £ 195,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Bristol |
| Town: | Bristol |
| Postcode: | BS16 |
| Address: | Alberton Court, Alberton Road, Bristol BS16 |
| Bathrooms: | 0 |
| Bedrooms: | 1 |
Property Description
1 Bedroom apartments from £195,00
Your mortgage 75% £146,250
Deposit 5% £9,750
Equity Loan 20% £39,000
Total Purchase Price £195,000
2 Bedroom apartments from £270,000
Your mortgage 75% £202,500
Deposit 5% £13,500
Equity Loan 20% £54,000
Total Purchase Price £270,000
Reserve this home now using the Government Help to Buy scheme which gives you the opportunity to own 100% of your home for 80% of the price, with a 5% deposit.
We offer a range of 1 bedroom apartments starting from £195,000 and 2 bedroom apartments with prices starting from £270,000
what is help to buy?
With Help To Buy you can buy your new home with the assistance of a Government funded loan.
The Government will lend up to 20% of the value of a new build home through an equity loan*. The buyer contributes a deposit of their own (minimum 5%), then the Help to Buy scheme supplements that deposit to provide a 25% deposit in total. This leaves the buyer needing a mortgage for 75% of the property value.
*The government equity loan is interest free for the first five years. From year six a fee of 1.75% will be charged, rising annually by rpi inflation plus 1%. The equity loan can be repaid at any time within 25 years (or the terms of the mortgage), or on sale of the property.
FAQs
• The Help to Buy scheme is available on all newly built homes in England up to £600,000.
• Help to Buy is available to all purchasers, not just first-time buyers.
• The scheme is not available for Buy-To-Let.
• The scheme is only available in relation to capital repayment mortgages.
• Customers will only need to secure a 75% mortgage.
Property Location
Property Marketed by Andrews - New Homes Bath/Bristol
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