Shared equity still available in Sittingbourne, Kent
17:10, 29 November 2009
Only five homes at Great Easthall in Sittingbourne remain on sale with HomeBuy Direct, a shared equity scheme allowing first-time buyers to secure 100 per cent of their new home now, for as little as 70-per-cent of the purchase price.
Under the initiative, the outstanding sum is covered by a loan which is interest-free for the first five years and low-interest for up to 20 years thereafter.
It means stylish two-bedroom apartments are available to qualifying buyers with a mortgage of just £70,000, while selected three-bedroom houses can be secured with a mortgage of less than £120,000.
HomeBuy Direct loans are available to buyers with a combined household income of up to £60,000 who have never purchased their own home.
For more information call 0845 676 2499 or visit the marketing suite, Thursday to Monday from 9.30am until 5pm.
It is off Easthall Lane, Sittingbourne.
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