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Help to Buy Success With Hodson Developments
One factor that has caused this figure to soar has been the popularity of the highly successful Government-backed Help to Buy equity loan initiative. Under the scheme, homebuyers only need to save a 5% deposit in order to secure their property. They can then borrow 20% of the value of the property in the form of an equity loan which remains interest-free for 5 years. Help to Buy has made it possible for over 440,000 families get onto the property ladder since 2013, proving both its popularity and success.
Proving especially popular with Help to Buy is Hodson Developments’ Fitzroy Collection in the booming town of Bracknell. 60% of the properties have now sold at this exclusive Berkshire development and many of these have been able to make the most of Help to Buy. Allowing homebuyers to purchase a stylish new apartment in this popular town-centre destination with only a 5 % deposit, it is no wonder this exceptional new development is selling fast.
Christie Alaimo, Sales Director for Hodson Developments says: “Help to Buy is an excellent initiative allowing real people to purchase the home they both want and need. It’s success here at the Fitzroy Collection has been phenomenal and we have been working hard to make sure that as many buyers as possible can benefit from this superb deposit saving scheme. The fact that homebuyers can purchase one of these stunning apartments with only a 5 % deposit is truly amazing.”
Available with Help to Buy, the Fitzroy Collection is a private gated development offering one, two and three-bedroom apartments and penthouses. Each property includes secure underground parking and cycle store, as well as large private balconies and patios.
Prices start from just £259,950, and with Help to Buy this requires a deposit of just under £13,000. What’s more, many properties are now also exempt from stamp duty, helping buyers to make further savings when purchasing their home. The development is excellently served by transport links, with Bracknell train station a few minutes’ walk away, and key motorways such as the M25, M4 and M3 close by.
To find out more about purchasing one of the remaining apartment at the Fitzroy Collection, visit our sales and marketing suite on Old Bracknell Lane West, Bracknell, Berkshire, RG12 7FS. Alternatively, give us a call on 01344 481893 or view the Fitzroy Collection here.