October 13, 2016
selected branch: Brighton and Worthing
The Help to Buy Scheme has now closed to new applications. Builders may be offering shared equity and other promotions, but these are not backed by the Government, as Help to Buy was.
For first time buyers, saving enough money for a deposit can be a huge hurdle to overcome before you can buy your first home.
The government recognised this and introduced the Help to Buy scheme, which makes it easier to get together enough money for a deposit. It means that you can buy a home with as little as a 5% deposit, and the mortgage repayments will be lower than they would be with a standard mortgage arrangement as the loan is interest-free for the first five years.
The scheme is open to both first- and second-time buyers, providing they do not currently own a property either within or outside of the UK. There are lots of Help to Buy houses available across Brighton, Worthing, and the surrounding areas, so you’re bound to find your dream home – read on to check out what properties are available.
Living in central Brighton is the perfect choice for those who want to be right in the heart of all the action. With plenty of parks, shops, bars and restaurants in the areas, there’s always something to keep you busy. It’s also a great choice if you commute to London, as it’s within easy reach of trains and buses.
Help to buy properties available in Central Brighton & Worthing: None currently available
This is a great choice for those who want to live a rural life. There are plenty of charming towns and villages in the South Downs National Park that are just a stone’s throw from Brighton, giving you the best of both worlds.
Help to buy properties available in North East Brighton & Worthing: None currently available
The north-west of Brighton and Worthing also has several towns and villages either located fully within the South Downs or sitting at the gateway to it, making it a fantastic place for families to buy a property, as well as keen walkers, cyclists and outdoor enthusiasts.
Help to buy properties available in North West Brighton & Worthing: None currently available
Head further down the coast towards Eastbourne for a great choice of affordable housing. If you dream of living by the seaside but are looking for something quieter than Brighton, the south-east has plenty to offer.
Help to buy properties available in South East Brighton & Worthing: None currently available
To the south-west of Brighton and Worthing are an array of coastal towns and villages. Enjoy life by the sea without Brighton prices in these charming locations, perfect for first-time buyers.
Help to buy properties available in South West Brighton & Worthing: None currently available
If you need advice for first-time buying in Brighton or Worthing – or if you’re looking for a reliable mortgage broker in Sussex – don’t hesitate to contact us today.
We’re experts on all things mortgage-related (and our services are always 100% free).
October 13, 2016
October 13, 2016