
This development has sold out! Please see our developments page for other homes in the area.
As a first time buyer we looked at lots of new build properties locally. We viewed Mill gardens and were pleasantly surprised to see how spacious all the rooms were. With having 3 children it was exactly the type of property we were looking for. Brilliant and quiet neighbourhood with friendly neighbours. The extra bonus for us was that we were able to go down help to buy route which was perfect for us, allowing us to buy with only a 5% deposit meaning that we had the extra money for holidays etc.
Kelly who we dealt with at Barnfield was brilliant, always ringing you giving you updates and always very helpful . The whole process was pretty fast and straight forward. Highly recommended for first time buyers or to people with families .
The Help to Buy scheme is designed to do just that, help hard-working people like you take steps to buy your own home. Whether you want to get onto the housing ladder or move up it, Help to Buy Equity Loan makes it possible to buy a new-build home priced up to £600,000 with as little as a 5% deposit.
With the Help to Buy Equity Loan scheme the Government lends you up to 20% of the cost of a new-build home, so you’ll only need a minimum 5% cash deposit and a 75% mortgage to make up the rest. This equity loan is funded by Homes England.
You won’t be charged interest on the 20% loan for the first five years of owning your home. After five years the equity loan will be subject to a fee of 1.75% per annum on the outstanding amount. This fee will increase each year by Retail Price Index (RPI) plus 1%. We always recommend that you seek financial advice to determine how much your monthly payments will be at this point.