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Romans Edge
Romans Edge, Bearscroft Lane, Godmanchester, PE29 2LQ
Now on it's final phase of development, we have available 4 bedroom family homes at Romans' Edge, Godmanchester.

The properties offer open-plan space and modern design that you would expect from a home builder that has been rated 5 stars by our customers for 11 years running.

Romans Edge, Bearscroft Lane, Godmanchester, PE29 2LQ

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Register your interest in this development today for information about the development as well as updates on the development such as new house releases and any price changes. 

Help to Buy Equity Loan

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Help to Buy: Equity Loan (2021-2023)

Help to Buy is a government scheme designed to help first time buyers who have never owned a property before to advance up the property ladder.

Who is eligible?

Help to Buy: Equity Loan (2021-2023) are available to first time buyers. The home you want to buy must be newly built with a price of up to £407,400 for the East of England (see the Help to Buy site for more regional caps)

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 must buy your home from a homebuilder registered for Help to Buy: Equity Loan.

The amount you pay for a home depends on where in England you buy it.

When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary.

HTB Equity loan house infographic

Help to Buy Equity Loan example

For a property worth £400,000AmountPercentage
Cash deposit£20,0005%
Equity loan£80,00020%
Your mortgage£300,00075%

How do I pay back the Help to Buy equity loan?

You must pay back the loan after 25 years or when you sell your home - whichever comes first.

You will not be charged any interest on the 20% loan for the first five years of owning your home.

However a management fee of £1 a month will be applicable from the date of purchase for the duration of the equity loan.

From year six, a fee of 1.75% is payable on the equity loan, which rises annually by CPI (Consumer Price Index) inflation plus 2%.

For full information about the scheme, please visit helptobuy.gov.uk

Help to buy calculator

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Find out if you're eligible for Help to Buy and see how we can help you. 

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Calculate your potential mortgage repayments

Mortgage calculator

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Use the below to add in your deposit, expected interest rate and repayment period to see what your payments could be.

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Calculate your stamp duty

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Stamp Duty

From 1st July the threshold will be set at £250,000 until 30th September 2021 and then from 1st October 2021, the threshold will revert back to £125,000.

Romans Edge, Bearscroft Lane, Godmanchester, PE29 2LQ

Contact us:

Request information

Register your interest in this development today for information about the development as well as updates on the development such as new house releases and any price changes.