Cost of upgrading an old home

Moving home is really exciting, but what are the chances of finding a house that doesn’t need a bit of maintenance or improvement?  That could be from a simple redecoration to a full refurbishment or extension.  You might like a challenge or a project and an old house with period features could be right up your street, but, unless you’re Nick Knowles, sometimes the prospect of DIY or putting your stamp on a house, can send shivers down the spine.

Ready for the Road

New fleet of vehicles on the road today, excited site staff, but how long will they stay that colour for?!

Help to buy equity loan lender update

Virgin Money is set to remove the £30,000 minimum income threshold for joint and sole income on its Help to Buy Equity Loan range, which is a positive addition to the Help to Buy scheme.  

The scheme allows a customer to buy a new-build home with a 5% deposit, with the government loaning up to 20% of the property value, with a mortgage loan making up the remaining 75%. The equity loan is fee-free for the first five years, so this is an excellent cost effective way to help buy a new home with the Help to Buy scheme.

Help to Buy Scheme Available Now

Help to Buy is available to all purchasers of new build properties. You only need a minimum 5% deposit to qualify. The government will lend you up to 20% of the value of the property through an equity loan, which will be interest free for the first 5 years and can be repaid at any time or on the sale of your home, you will only need to secure up to a 75% mortgage.

Help to Buy is available now on all our developments.