The official Government Help to Buy website
Stacey an interior designer and Paul a graphic designer had been exploring the options for first time buyers and found out about the ‘Help to Buy Equity Loan’ by visiting a new development. Although that development wasn’t for them they really liked the idea of ‘Help to Buy’.
Stacey and Paul carried on looking and came across the Barratts development ‘Gatekeeper Meadow’ in Watton At Stone, East Hertfordshire marketing ‘Help to Buy’. Stacey and Paul found their 3 bedroom home in an ideal location within walking distance of railway station which is a major selling point for them as they both commute into London for work.
Help to Buy would mean that Stacey and Paul could get on the property ladder sooner rather than later, they had been saving for a deposit for some time. Help to Buy also meant that Stacey and Paul could afford to buy a home for the future, rather than having to move up the ladder.
Stacey and Paul purchased a 3 bedroom house for £277,000 with a Help to Buy Equity Loan of 10% from the Homes and Communities Agency.
Stacey and Paul found the whole process quick and easy through Lea Valley Homes. Barratts were very helpful and the whole process from start to finish took just under 7 weeks.
Stacey said; ‘Help to Buy has really made a difference to us, it helped us purchase a home sooner rather than later in the area we want to live. Our new home is beautiful and in a great location within easy walking distance of the railway station which is really important to us’.