New Buy with St Charles Homes

NewBuy

NewBuy is the new government backed scheme introduced by the Home Builders Federation (HBF) and the Council of Mortgage Lenders (CML), in partnership with HM Government. It helps buyers who can afford mortgage repayments but do not have a large enough deposit to qualify for a mortgage from lenders' existing product range by offering a 90-95% mortgage to buy a new home from St Charles Homes.*

Key facts:

  • Up to 95% mortgages to purchase new build properties
  • Available on houses and apartments, with a property price up to £500,000
  • Available for existing home owners and first time buyers

Criteria:

  • Buyers must have UK citizenship or right to maintain
  • Primary home – no second homes or buy to let
  • Full ownership – no shared ownership or shared equity

Next steps to your dream home with St Charles Homes:

  1. Contact our Sales Manager on 0208 050 6814
  2. We will then provide you with our independent mortgage advisor to take you through your mortgage application
  3. Subject to lender’s approval you will have to pay the minimum deposit of 5% and a reservation fee of £1,000
  4. Move in to your new home with St Charles Homes
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
*Subject to NewBuy scheme rules. The NewBuy scheme is available subject to status and terms and conditions. Mortgage offer is subject to application and status.