3 Bedrooms Town house for sale in Richmond Road, Mangotsfield, Bristol BS16 | £ 349,000
Overview
| Price: | £ 349,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Town house |
| County: | Bristol |
| Town: | Bristol |
| Postcode: | BS16 |
| Address: | Richmond Road, Mangotsfield, Bristol BS16 |
| Bathrooms: | 2 |
| Bedrooms: | 3 |
Property Description
Your dream home may no longer be out of reach. Help to Buy* is a Government backed scheme designed to be used as an incentive to buy. Savvy buyers are using this scheme to not only get on the property ladder but to move into a home that is future proof for them, avoiding the need for multiple moves and therefore avoiding the need for multiple moving costs.
Why is this for us?
If you have 5% deposit saved and are interested in a new build home but want to make your mortgage repayments more affordable, Help to Buy* is for you.
What do you need to know?
You'll need a minimum of 5% deposit to qualify.
Available to all home movers (not just first-time buyers) purchasing a single property who do not currently own a property in or outside of the UK.
The Government will lend you up to 20% of the value of your property through an equity loan.
You only need to secure up to 75% mortgage.
You won’t be able to sublet this home or own any other property at the time you buy your new home with a Help to Buy* Equity Loan.
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.
Example
Your mortgage 75% £261,750
Deposit 5% £17,450
Equity Loan 20% £69,800
Total Purchase Price £349,000
own 100% of your home paying only 80% of the price today.
* Terms & conditions apply
Don't miss out on this great incentive - call now to book your viewing on .
This is a Freehold Development but as there are additional legal elements to this property you are responsible for management charges. You may also incur fees for items such as Management packs. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase.
The information and images we provide are issued in good faith and designed to give a flavour of our development and house types. This may not reflect a specific plot and does not form part of any contract. Details such as final finishes, landscaping, handing and windows will vary. Layouts including bathroom and kitchen layouts are indicative only and designs may change due to our process of continuous product development. Some house types include areas of reduced headroom. All dimensions are approximate only. Images used in marketing materials may be computer generated or photography of previous developments. This is a Freehold Development but as there are additional legal elements to this property you are responsible for management charges. You may also incur fees for items such as Management packs. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase. Our sales consultant will be delighted to discuss plot specific details prior to any formal reservation.
*Terms and Conditions Apply
Property Location
Property Marketed by Andrews - New Homes Gloucestershire
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