Help to Buy and Cruden Will Help You Buy

 

At Cruden Homes, we can make the reality of owning a new home possible. Working in line with the Scottish Government procedures, we will qualify you for the Help to Buy (Scotland) Affordable New Build Scheme. We will support you on the journey through the buying process to secure the home of your dreams.

The Help to Buy Scheme is open to all buyers from 1st March 2016, so even if you are not a first time buyer, help is still available for you, and with only a 5% deposit to pay, the time to buy your new home could be closer than you think!

The Scottish Government will loan you up to 15% of the purchase price of your new home as an ‘equity loan’. You, as the buyer, will then fund 85% of the purchase price through the combination of your mortgage and 5% deposit. See our example below for an approximate breakdown:

 

 

All properties at King’s View are eligible under the new Help to Buy Scheme. Click here to view the remaining properties.

 

Applications will be accepted from the 1st March 2016, for new build property purchases concluding between 1st April 2016 and 31st March 2017, and can be made for homes up to the value of £230,000. For purchases conluding on or before 31st March 2018 the value is £200,000, and for purchases concluding on or before 31st March 2019, the value is £175,000. You will be able to access the application form through the Link Group Limited website from 1st March 2016 onwards. 

 

For further information on how the new scheme will work, please visit the Scottish Goverment website, here.

 

Help to Buy is not available in correspondance with any other offer and applicants should be aware that their home may be at risk if they do not keep up repayments on their mortgage or any other loan secured on it.

Help to Buy prices based on 85% of full purchase price. Eligible applicants will be offered an equity loan of up to a maximum of 15% of the purchase price (based on the open market value). No interest is charged on this loan. Applicants are required to fund at least 85% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Terms and conditions apply and full details will be provided on request. This offer is only available on selected developments and properties in Scotland up to £230,000. It is not offered with any other promotion. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED ON IT. Written illustrations are available upon request. All images used are for illustrative purposes only. Please ask the Sales Consultant for specific details.