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.
To reflect the current property prices in London, the upper limit for the equity loan gives new home-buyers within Greater London from 20% to 40%.
The Cottonworks, 1-2 bed homes
LAUNCHING THIS SEPTEMBER
The Cottonworks is a contemporary development of 22 private one and two bedroom apartments that are available through Help To Buy in Woodbury Down, just 0.5 miles from Finsbury Park underground and train station. Located on Seven Sisters Road in Zone 2 London, living at The Cottonworks will provide you with a huge variety of local amenties at your doorstep.
There are several gyms and fitness centers closeby, Finsbury Park is just a 10 minute walk away where a vast number of events are held throughout the year. Finsbury Park also offers use of basketball courts, baseball pitch, boating and more for free. It's a great place to enjoy cycling or running. There are also several other parks closeby including Woodberry Down which also offer outdoor activities.
There are several supermarkets just minutes from the development. Grab your shopping on your way home if you're not tempted to eat out in one of the many super restaurants in the local area.
Finsbury Park is a multicultural hub with so much to offer its residents. Enquire now to avoid dissapointment.