Ready to move but not sure where to start? We can help make your dream of owning a home built by Cotswold Homes a reality…whether it’s our handy calculators below or putting you in touch with Solicitors, Independent Financial Advisors or Estate Agents, we’re here. Find out how much you could borrow, how much stamp duty you may be required to pay and how HelptoBuy works.
One number is all you need to speak to our Sales Consultants seven days a week 07917 376854.
HelptoBuy Equity Loan
The HelptoBuy scheme is offered to First Time Buyers purchasing a single property who do not own a home in the UK or abroad*. To qualify you will need a minimum of 5% deposit, with the Government offering a loan of up to 20% of the value of the new home through an Equity Loan. This can be repaid anytime within 25 years, or when you sell your home ( whichever is sooner). The Equity Loan is free for the first five years. You will need to secure a mortgage up to 75% from your bank of building society.
*HelptoBuy is subject to the Government’s own terms & conditions for eligibility and regional caps – use the tool below to see if you are eligible .
Stamp Duty Land Tax
Stamp Duty Land Tax (SDLT or Stamp Duty) is a tax due on all property purchases, whether new build or pre-owned. Your solicitor or conveyancer will normally calculate and pay your Stamp Duty on your behalf, on Legal Completion. You can pay HMRC directly but all Stamp Duty must be paid within 14 days of Legal Completion. Stamp Duty rates and thresholds vary depending on the value of the property you are purchasing and your status – use the tool below to quickly calculate the amount.
Our tool is here to provide a rough guide but nothing beats a conversation with an independent expert. Let us know if you would like contact details and rest assured, it’s all completely confidential.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Find out how much you could borrow, how much stamp duty you may be required to pay, or how much deposit you’ll need to make owning a Cotswold Home a reality.