Home Buy Direct

Home Buy Direct

 

With Homebuy Direct, you buy your home with a mortgage from a lender for 70% and if you are eligible you can get an equity loan of up to 30% of the price of your new Bellway Home.  This is a shared equity loan which is provided by the Government and ourselves. It is free from any interest charge for the first five years.  In the sixth year the fee is 1.75% of the loan's value, and this fee will increase each year by  RPI (Retail Price Index) plus 1%.  You could be eligible if you are looking for a new home in England and:

  • You are a  first time buyer
  • You want to move from social rented accommodation and buy your own home
  • You are a key worker
  • You are in private rented accommodation
  • You are running out of room at home, eg need more bedrooms for your expanding family
  • Your household income earns £60,000 or less

Please speak to a Sales Advisor for full details of the scheme.

 

TERMS & CONDITIONS

Any promoted Bellway Homes offer is subject to contract, status, selected plots only, subject to availability and cannot be used in conjunction with any other Bellway Homes offer.

All offers must be used in conjunction with the recommended mortgage broker who will provide independent advice. Details on request.

Prices and details are correct at time of going to press.

Images are typical of Bellway Homes.