Abbotts sold my house in 10 days, it's perfectly clear I made the right choice.

Mr Self, Norfolk
Agent Details
Abbotts Countrywide
41 Prince Of Wales Road
Cromer
Norfolk
NR27 9HS
01263 840 076; 01263 840 150
Energy Performance Certificates

Norfolk, NR28

1 Bedroom Ground Floor Flat For Sale

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1 Bedroom Ground Floor Flat, North Walsham, Bacton Road, Norfolk, NR28 9DR

Property Description

Reserve This Property Wih Just A 5% Deposit With Help To Buy

Price Shown Is Help To Buy Price, Full Price Is 125,000

Phase two is a development of 10 apartments over three floors consisting 4 ground floor apartments, 4 first floor apartments and 2 spacious penthouse style apartments.

Haynes Court is located close to a range of local amenities that the North Walsham town centre has to offer.

Call Abbotts Cromer branch for further details.

Price shown reflects the price when using the Help To Buy scheme.

Help to Buy: Equity Loan is the government-backed initiative aimed at helping homebuyers across England purchase a new-build home with as little as a 5% deposit.

Through Help to Buy: Equity Loan homebuyers with a minimum of 5% deposit will be eligible to receive an interest free equity loan from the government of up to 20% of the value of their new home, leaving them only needing to secure up to a 75% mortgage from a bank or building society.

The scheme is available to both first-time buyers and existing homeowners on new-build properties up to a maximum value of 600,000.

The equity loan must be repaid after 25 years, or earlier if you sell your property and is interest free for the first five years. From year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1%.

Help to Buy: Equity Loan is available to homebuyers regardless of their annual personal income

Help to Buy Terms and Conditions

Help to Buy is subject to the Homes and Communities Agency's (HCA) terms and conditions and is available on new build homes up to 600,000 to customers where the property represents their only residence.

Not available on second, additional homes, buy-to-let or let-to-buy properties. HomeBuy agent eligibility check required.

The equity loan is interest free for the first five years and needs to be a minimum of 10% of the purchase price up to a maximum of 20%.

After five years, an annual fee of 1.75% of the outstanding equity loan is charged. This is increased annually by RPI plus 1%. The equity loan must be repaid after 25 years, or earlier if you sell your home.

A monthly management fee of 1 is payable by the equity loan borrower by direct debit, from the start of the loan until it is repaid. The management fee and interest fees are not capital repayments to the equity loan and do not reduce the amount owing.

Help to Buy operates under terms and conditions imposed by the HCA and may be subject to change. Please visit www.helptobuy.gov.uk for further information.

Contact branch for relevant Energy Performance Certificate

  • Guide Price £100,000
  • 1 Bedroom Ground Floor Flat For Sale

    Norfolk, NR28

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