Olive Gardens is an exclusive new home development of 4 beautifully styled homes, consisting of two larger 3 bedroom homes and two generously sized 2 bedroom homes. Plot 3 is available to view – https://www.dalesandpeaks.co.uk/property/plot-3-olive-gardens-highfield-lane-newbold-s41-8ba/
The development, by established developer Lakelands Developments, offers the chance to purchase these homes under the government backed shared equity scheme, Help To Buy, meaning buyers can purchase with just a 5% deposit.
Help To Buy, how does it work?
With a Help to Buy: Equity Loan the government lends you up to 20% (40% if you’re in London) of the cost of your newly built home.
You pay a deposit of 5% or more and arrange a mortgage of 25% or more to make up the rest.
You won’t be charged interest on the 20% loan for the first five years of owning your home.
For more information on the Help To Buy scheme visit https://www.helptobuy.gov.uk/equity-loan/equity-loans/