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COVID-19 UPDATE: We are still open and operating safely for buyers, sellers, renters and landlords. Find out more
COVID-19 UPDATE: We are still open and operating safely for buyers, sellers, renters and landlords. Find out more
 | Exclusive development Modern, open-plan interiors combine with traditional brick and timber construction designed to perfectly complement the existing barn structures, retaining rural charm and character. | |
 | Contemporary features Stand out features include contemporary fitted kitchens, en-suite bathrooms and generously sized double-glazed windows offering views of the surrounding paddocks. |
 | Ample parking and outdoor spaces With ample parking and outdoor space, the development's eight units are finished to a superb standard both inside and out. | |
 | Transport links Within easy reach of the A1, Biggin Farm offers outstanding transport links to Bedford (20 minutes) and Cambridge (20 miles). St Neots (just over 5 miles) offer a direct train link to London Kings Cross in under an hour. |
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What is Help to Buy?
The government has created the Help to Buy schemes including Help to Buy: Shared Ownership and Help to Buy: Equity Loan to help people buy their own home.
Who is eligible?
Help to Buy equity loans are available to first time buyers as well as to homeowners looking to move. The home you want to buy must be newly built with a price of up to £600,000.
How does it work?
With a Help to Buy equity loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
Example breakdown of using Help To Buy to purchase a £315,000 apartment.
After this time interest is charged at 1.75% per annum, increasing each year by the Retail Price Index (if any) plus 1%.
The equity loan must be repaid after 25 years, or whenever you sell your home.
You can pay the loan back over time in different quantities or all at once, and the amount that you reimburse will depend on the value of your home.
Help to Buy is available in England from house builders registered to offer the scheme and has been available since 2013.
In November 2015, the Government announced an extension of the initiative up to 2021 (it may close earlier if all of the funding is taken up before 2021).
For full information about the scheme, please visit helptobuy.gov.uk