CONTACT LAND PRE-OWNED ROWLAND LIVING MY ROWLAND0 PURCHASE OPTIONS WHY BUY ROWLAND ABOUT FIND YOUR HOME Help to Buy Buy your first home with just a 5% deposit* Get moving with the Help to Buy scheme and you could take advantage of a lower deposit plus lower monthly mortgage repayments. Benefits You may only need a 5% deposit up to a purchase price of £224,400 If you are a first time buyer, the Government could lend you up to 20% of the value of your property through an interest free equity loan for the first 5 years So you will only need to secure up to a 75% mortgage from a bank or building society and we can assist with this via an Independent Financial Advisor Competitive interest rates and lower monthly mortgage repayments Are you eligible for Help to Buy: Equity Loan (2021-2023) *Help to Buy is available subject to eligibility, terms and conditions. Click here to view criteria. You must be a first-time buyer The home you buy must be within the relevant regional price cap of £224,400 You and anyone you’re buying a home with must: - not own a home or residential land now or in the past in the UK or abroad - not have had any form of sharia mortgage finance. If you are married or in a civil partnership you will have to make a joint application with your spouse/civil partner. You will need to sign a legal declaration to confirm that you are a first-time buyer. Your conveyancer will explain this to you. Please read the Government’s homebuyers’ guide for more information on eligibility. It really couldn't be easier, visit your nearest development to speak to one of our Sales Executives to find out more. Help to Buy calculator Enter your purchase price up to the maximum of £224,400 Your Help to Buy results 75% MORTGAGE COST £0 20% GOVERNMENT LOAN £0 5% YOUR DEPOSIT £0 * Help to Buy is available subject to eligibility, terms and conditions. Only available for first time buyers and on properties up to the value of £224,400. Eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Applicants must obtain their conventional mortgage from a Qualified Lending Institution. For the first five years there is no fee charged on the equity loan component. From year 6, you’ll be charged 1.75% which will increase by the Consumer Price Index (CPI) plus 2% (1% if you took the equity loan before December 2019). The loan must be repaid after 25 years or earlier if you sell your home whereby the repayment sum will reflect up to 20% of the market value of the property at the time the property is sold or remortgaged. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Please consult a Financial Adviser for full details. * Terms & conditions apply. Only available for first time buyers and on properties up to the value of £224,400. Eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Applicants must obtain their conventional mortgage from a Qualified Lending Institution. For the first five years there is no fee charged on the equity loan component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the loan is entered into multiplied by the outstanding percentage under the equity loan, the annual fee of 1.75% will be uplifted by CPI + 2% p.a. The loan must be repaid after 25 years or earlier if you sell your home whereby the repayment sum will reflect up to 20% of the market value of the property at the time the property is sold or remortgaged. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Please consult a Financial Adviser for full details. Cart 0 VIEW ALL YOUR HOMES Our locations Great Eccleston, Thorne Meadows Blackpool, Marples Grange Ulverston, Levens View Farington, Meadow Gate Worsley, Finch Park Lytham St Annes, Richmond Point Preston, Sandpiper Grange Grappenhall Heys, Astor Grange Euxton, Pear Tree Grange - Phase 2 Quick links Help to Buy Part Exchange Why buy Rowland Find your home About Careers Pre-owned homes Land Rowland Living Contact My Rowland Home User Guide NHBC Consumer Code Contacts Head Office 01772 621166 enquiries@rowland.co.uk Customer Care (10am - 3pm) 01772 643694 or 01772 699451 customercare@rowland.co.uk MAKE AN ENQUIRY Careers Accessibility Cookie policy Site map Modern slavery statement Terms & conditions Privacy policy Risk assessments © Rowland Homes 2018