HomeBuy
For further information on MyChoice HomeBuy at Beaufort Park please contact the Marketing Suite on 020 8511 8600.
New homes in London available for First Time Buyers and Key Workers.
- Earning between £20,000 – £60,000 household income and still renting?
- Own your own home for less than the cost of renting
- Hurry! Limited number of contemporary studio, 1 & 2 bedroom apartments available
- These properties are not shared ownership or affordable housing
How it Works
First time buyers with a single or joint household income of between £20,000 to £60,000 can obtain up to £90,000 of Government assistance to purchase a new property through the MyChoice HomeBuy scheme.
With a mortgage, based on 4 times single or 3.5 times joint household income, combined with a deposit, potential homeowners would be able to allow you to purchase a property worth up to £299,950*.
Download a copy of the MyChoice HomeBuy brochure.
* Price shown for illustrative purposes only based upon a 50% mortgage taken on a studio apartment at a full purchase price of £174,950. Subject to status. Income levels to buy a suitable home vary. Eligibility for assistance will be subject to individual affordability assessment. For more details on Mychoice HomeBuy, eligibility and application visit www.housingoptions.co.uk. MyChoice HomeBuy provided by St George in association with Catalyst Housing Group. Terms and conditions apply.
MyChoice HomeBuy is subject to an eligibility criteria prescribed by the Housing Corporation. Formal registration with the HomeBuy Division of Catalyst Housing Group is required to allow processing to occur.
** No stamp duty to be paid on apartments less than £175,000.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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