Making it easier for you with this Government backed equity scheme. Choose between studios and one-bedroom apartments with 5% deposit and 55% of the mortgage to qualify for a 40% interest free equity loan. Open to both first time buyers and existing homeowners regardless of income for new build properties up to £600,000 through a range of lenders.
The Help To Buy scheme is a private purchase meaning you own 100% of your new home. Living in a home designed by leading architects and interior designers you will also have access to the residents members’ club including a gym designed by Tom Dixon and pool with city views.
Created by the team at Knight Dragon, these apartments draw inspiration from the river and the natural surrounds: an effortless mix of sophistication and functionality.
Your residents members’ club with a wellness centre designed by Tom Dixon including a state of the art gym, pool with city views, cinema and terraces.
The equity loan of 40% of property value is interest-free for the first five years after which the annual fee is 1.75% of the outstanding loan. This is increased annually by RPI plus 1%. The loan must be repaid after 25 years or earlier if you sell your home.
Financial breakdown for a typical 1-bedroom apartment of £550,000:
Use our help to buy calculator below to do the numbers yourself.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
This calculator is provided for guidance only; Knight Dragon does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.
Sign up now to make an appointment with our sales team. They will follow up with a phone call, to discuss your needs.