Find your new home at Monarch's Way with Help to Buy
Help to Buy is an initiative designed to help purchasers move up the property ladder. It currently offers financial assistance to anyone buying a home up to the value of £230,000.*
Subject to certain criteria, under the incentive buyers only need to provide a 5% deposit to secure a new home, with the Scottish Government providing a maximum 15% equity stake in the property.
Help to Buy is available for a select number of properties at our latest West Lothian development, Monarch's Way, which is located at Mossend Gardens in West Calder. The examples below provide figures for two plots at the development that are covered by the scheme:
A detached, four-bedroom home with a large lounge and open plan dining room.
Purchase price: £225,000
Government contribution (15%): £33,750
Monthly mortgage payment: £568.04
Quote based on rate of 1.69% fixed until 31/10/2018 over 35 years . £999 product fee
Plot 172 - The Glenelg
A mid-terraced, three-bedroom property offering a spacious lounge with double french doors that lead out to the garden.
Purchase price: £155,000
Government contribution (15%): £23,250
Monthly mortgage payment: £397.53
Quote based on rate of 1.79% fixed until 31/12/2018 over 35 years . £999 product fee
Walker Group is a registered provider of the Help to Buy scheme and would encourage anyone seeking more information to contact us via email or by calling 01506 870644.
*The maximum property value that qualifies for the Help to Buy scheme is due to go down to £200,000 in 2017/18 and £175,000 in 2018/19.