Your Guide to Getting Onto and Moving up the Housing Ladder with Help to Buy

Issue 1 2018 HELP TO BUY

Your guide to getting onto and moving up the housing ladder with Help to Buy

www.helptobuymidlands.co.uk

Help to Buy Midlands is delivered by Orbit Help to Buy Agents. Welcome to Help to Buy Midlands

Help to Buy Midlands is one of the government appointed Help to Buy Agents in England. We cover the West and East Midlands and are here to guide you through the home buying process and help you to get a foot on the property ladder. If you are already a homeowner, we may also be able to help you move up the property ladder.

Contents

Introduction to Help to Buy 4

Help to Buy equity loan 5

Help to Buy equity loan - the small print 6

Help to Buy shared ownership 8

Help to Buy shared ownership - the small print 9

Other schemes 11

How to apply 12

Financial and legal advice 14

Solicitors 16

Mortgage advisors 17

FAQs 18

Jargon Buster 21

Help to Buy: The Directory 24

Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 3

ARI001_HelptoBuyAd_AW.indd 1 12/02/2018 10:42 Equity loan scheme

What is the equity loan scheme? Are there any restrictions on who can use this This scheme may be the one for you if: scheme or what property they can choose? You need to be able to sustain the mortgage payments for your n You’re buying your first home and are finding it difficult chosen property – we will check this when we receive your to save for that “big deposit”. application – and you cannot buy a property worth more than n You’re looking to move to your next home but need £600,000. If you already own a property (either in the UK or financial assistance to help you onto the next rung abroad), you must sell it as you cannot own two properties if of the ladder. you buy using the equity loan scheme.

With the equity loan scheme you are helped to buy your If you’re looking to buy a new home using the equity loan home with an equity loan of up to 20% of the full price of scheme, you can find a list of developers on our website www.helptobuymidlands.co.uk. the property. You can also find some of the developers in your area offering the equity loan scheme How does it work? in the Directory on page 24. This scheme is for new build properties only. You can arrange to visit the development(s) in your area to find your new home. The developer and/or your mortgage You buy 100% of a new home from a registered developer. advisor will guide you through the sales process and help It’s more affordable than buying on the open market because you to reserve your dream home. you only have to raise 80% of the purchase price yourself initially. The remaining 20% is covered by what’s called an How to apply equity loan from the government. This loan is interest free for Let us introduce you to Help to Buy the first five years. From year six, you’ll start paying a monthly You will need to find a property you wish to buy and reserve administration charge. it with the house builder before you apply to us. Our online application form is the easiest and quickest way to apply and What is Help to Buy? Where can I find Help to Buy properties? You will need a minimum of 5% deposit along with a 75% you can find this on our website but you can also download mortgage to make up your 80% contribution, but you can and print the form from our website if you prefer. Help to Buy is a range of home ownership schemes You can find a home via a private developer, if they are put in a higher deposit along with a reduced mortgage if developed to make it more affordable for you to buy your registered for the equity loan scheme, or via a housing you are able. Once we have approved you for the scheme, we’ll issue you perfect home. association offering shared ownership. with a letter called an Authority to Proceed. Your mortgage advisor can then organise your mortgage and your solicitor Most Help to Buy schemes are designed to help first time You can use the Property Search facility on our website: will start the legal processes for you to buy your new home. buyers who can’t afford to buy a home on the open market. www.helptobuymidlands.co.uk. However, the Help to Buy equity loan scheme is also available For more information see page 12. to anyone who needs help moving up into a new home. Here you’ll find specific details about properties being offered on the various Help to Buy schemes, along with contact Here’s an example of how it works ** The two main Help to Buy schemes are the equity loan and details, so you can arrange a viewing. (Please note that some shared ownership schemes. You’ll find more details about equity loan properties may not be listed on our website.) these schemes on the next few pages. Property value: £170,000

Help to Buy Midlands can give you information to help 20% Equity Loan assistance £34,000 you choose the right scheme for you but cannot give you financial advice. We would strongly recommend that you 80% purchase price: £136,000 take mortgage advice before progressing with any home ownership scheme. Mortgage amount required: £127,500

Minimum deposit you would need (5%): £8,500

Monthly mortgage payments £694

(based on a 4.29% interest rate over a 25 year mortgage) 03458 50 20 50 **Please note these figures are for guidance only www.helptobuymidlands.co.uk

4 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 5 Case Study

Family of four buy their “forever” home with Help to Buy

Naveen (32) and Himabindu (31) Yamagani The Help to Buy Equity Loan scheme allows buyers to purchase Equity loan – the small print bought their first home near Dudley in the a new home worth up to £600,000 with just a 5% deposit and West Midlands with the Help to Buy Equity a 75% mortgage. The remaining 20% is covered by an equity loan from the government, which is interest free for the first Charges and repaying the loan Who do I contact once I’ve bought my home Loan scheme. five years.The family love that no-one has lived in their house before and they are able to put their own mark on it. They have through the equity loan scheme? For their first home, Naveen, his wife and their two young You will pay an initial monthly management fee of £1.00 also found themselves with the same financial outgoings: children opted for a four bedroom terraced property by from the start of the equity loan which will continue until Once your sale is complete, your details are transferred to local house builder Devan Homes in Tipton. Before buying “We pay the same amount for our mortgage as we the loan is repaid. the Mortgage Administrator – Target. a house the family lived in rented accommodation for three were paying to rent our previous smaller house which is great for a growing family.” The equity loan will be interest free for the first five years; Target provides a single point of contact to: and a half years. from year six an administration charge applies which increases “Our family is growing and we can’t afford to Naveen has no plans to move anytime soon as he views it as n Administer the payment of fees by buyers on the equity annually by RPI + 1% from year seven. Please note; you are keep moving house and renting homes with extra his “lifelong home”. With the family visiting India annually to loans after five years of ownership. not repaying the loan by paying this administration charge. bedrooms. Buying a home seemed the best option see friends and family they are looking forward to returning The total amount you’ll pay back on the equity loan relates n Recover the equity loans repayments as owners sell and as we would like to have more children in the the favour and welcoming friends and family to the UK and to the property’s market value at the time of repayment. move on or staircase (‘staircasing’ is the term for the future and it meant we could settle down in an their new home. area before the children start school.” partial repayment of your equity loan). “I would thoroughly recommend the Help to Buy You must pay back your equity loan within 25 years (or when When it came to buying a home with Help to Buy Naveen says: Equity Loan scheme for anyone who has an your mortgage term ends, if it is less than 25 years) or when n Provide advice and approval for exceptional cases relating expanding family and wants to escape the rental you sell your home, whichever is sooner. There are no penalties to subletting, remortgaging, and requests for additional “I spoke with the Help to Buy Midlands team of market – it’s made such a difference to our lives.” for early repayment of your equity loan. borrowing. advisors before reserving the house and they explained the process clearly. I was very happy Target can be contacted on 03458 480235. There is more detailed information about the equity loan with the overall service I received from Help to Their website address is www.myfirsthome.org.uk. scheme, including a list of frequently asked questions and Buy Midlands. We got approved quickly and felt www.helptobuymidlands.co.uk helpful videos, on our website: that the process went very smoothly.” You can also download a copy of the government’s Help to Buy Buyer’s Guide from our website. This will give you examples of how much you can expect to pay for the administration fee from year six.

03458 50 20 50

www.helptobuymidlands.co.uk

6 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 7 Shared Ownership Shared Ownership – the small print

Shared ownership is also known as part buy/ Shared Ownership is great if you have limited savings, as What else do I need to know? Shared ownership resales part rent the deposit required is based on the share you are buying. If you buy a small share, you’ll have a smaller mortgage and You may be eligible for shared ownership if: These are homes that have previously been bought through If you can’t afford to buy a home on the open market, shared therefore need a smaller deposit. the shared ownership scheme and vary in size, age and type. n You can’t afford to buy a home on the open market ownership gives you the chance to get your foot on the They come up for sale when their owners are looking to Please note that for some shared ownership properties you sell their share and move on. Shared ownership resales are property ladder by buying a home on a part buy/part rent basis. n You have a household income of less than may need to show a local connection to an area. a brilliant way to get a foot on the housing ladder especially £80,000 per year How does it work? if you want to buy a property in an area where there are How do I find a shared ownership property? n You are a first time buyer i.e. you don’t already currently no new developments. You buy a share of between 25% and 75% of a brand You can find shared ownership properties for sale on our own a home* new home from a registered provider, usually a housing How do resales work? website www.helptobuymidlands.co.uk. association. You then pay a subsidised monthly rent to the n You are at least 18 years old housing association for the remaining share. Resales work in just the same way as shared ownership; n You have a good credit rating the only difference is that it’s not a brand new house The share you buy is calculated by the registered provider and you usually buy the same percentage share as the n and is based on what you can afford. The bigger the share You have at least £1,500 savings to cover the one-off costs previous owner. you buy, the less rent you have to pay. You will need to be involved in buying your new home. This does not include able to raise a mortgage for the share you want to purchase, any mortgage deposits, developer reservation fees or stamp How do I find resale properties? unless you have sufficient savings of your own to buy your duty (if applicable). Most schemes will require you to have share outright. a deposit of at least 5% of the share you are buying. You can find many shared ownership resale properties on our website: www.helptobuymidlands.co.uk. * Most people we assist with shared ownership are first time buyers but if you already own a home we may still be able to help you. Contact us for more information. Am I eligible to buy a resale property? How do I apply? The eligibility criteria for shared ownership resales are Here’s an example of how it works ** the same as for new build shared ownership. You can apply online at: www.helptobuymidlands.co.uk. Property value: £140,000 You can also find more information about applying on page 12. What if I want to sell my shared ownership home? 25% share purchase: £35,000 What if I want to buy more shares in my home? As a shared owner, you can move on by selling the share you own to someone else. You’ll need to get in touch with Minimum deposit you would need (5%): £1,750 You can buy more shares in your home; this is known as your Housing Association who’ll arrange for your home to be ‘staircasing’. You can usually buy additional shares in stages valued by an independent surveyor. You’ll be responsible for Monthly mortgage payments: (based on a 6% interest rate over 25 years mortgage) £228 (minimum share 10%), right up to 100% so you own the the cost of this valuation. property outright. Subsidised monthly rent payments: £223 Once you’ve agreed the sale with your Housing Association There may be staircasing restrictions in some rural areas; they’ll then begin marketing it for you so they can prioritise Total Monthly cost: £451* please check with the provider who is selling the property potential buyers. They can also advertise it on our website before you commit to buy. www.helptobuymidlands.co.uk. As with any house sale, once **Please note these figures are for guidance only; interest rates and other charges are subject to change. you’ve found a buyer, you’ll need to instruct a solicitor to act in * Buildings insurance, management fees and service charges may also be payable. Costs may vary depending on individual circumstances. You’ll need to get in touch with your Housing Association, the sale of your home and you’ll be responsible for these fees. You will also be wholly financially responsible for any repairs and maintenance needed on your home. who’ll arrange for your home to be valued by an independent surveyor, so you can agree how much you’ll pay for additional I am already a shared owner, can I buy again? shares. It’s down to you to pay the valuation fee, solicitor’s fees and any administration fees that your Housing Association Yes, there are no restrictions which prevent existing shared may charge. owners from applying for and moving into another Shared Ownership property. However, you must continue to meet the general eligibility criteria of earning less per household than £80,000 and be otherwise unable to afford to purchase unassisted. Existing shared owners are also required to have disposed of their existing shared ownership home at the point 03458 50 20 50 of purchase. www.helptobuymidlands.co.uk

8 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 9 Case Study

Other schemes

Older Persons Shared Ownership (OPSO) Help to Buy: ISA Some shared ownership homes are created for people If you are saving to buy your first home, save money into a over the age of 55 who may want to downsize to a smaller Help to Buy: ISA and the government will boost your savings property or a home that is more suited to their needs. by 25%.

OPSO works in a similar way to shared ownership and So, for every £200 you save, you can receive a government enables you to buy a share in a new home. This share will bonus of £50. The maximum bonus you can receive is £3,000. range from 25% to 75%, depending on what you can afford. The maximum share you can buy with OPSO is 75%. If you To find out more go to: www.helptobuy.gov.uk. purchase the maximum share of 75%, you will pay no rent on the remaining 25%. Discounted Market Sale You may find details of OPSO properties for sale on Some local authority areas offer what’s known as Discounted our website: www.helptobuymidlands.co.uk. Market Sale homes. You buy your home at a discounted rate, usually 20% less than the market value, and when you come Shared Ownership helps Charlene Extra Care Schemes to sell, the property will be sold at the same discounted Extra Care housing supports older people to live independently percentage. So if you bought at 80% of the full market price, onto the property ladder in their own home. when you sell, you’ll get 80% of the full value of the property at the time of sale. Extra Care developments provide purpose built apartments in a community setting, with access to on-site care and To qualify for this type of property you will generally need to Charlene Harrington, a Girl Guide and Brownie Before purchasing, Charlene and her 4 year old son William support services that can be tailored to your needs. have a local connection to the area the property is in but the leader has found an adventure of her own on the lived in a privately rented flat but really wanted a home of their local authority will be able to advise on any specific restrictions. The ExtraCare Charitable Trust supports older people in path to homeownership. own. Having been on the council waiting list for a few years, Charlene just couldn’t see them ever getting to the top of the Retirement Villages and Housing Schemes across the Midlands. Charlene (33) bought a 2 bedroom semi-detached property list, so she decided to take the reins and find a place of her own. Find out more on their website: www.extracare.org.uk. through Fortis Living at their Milestone Grange development “I would not be able to afford to buy the home I in Stratford-upon-Avon with Help to Buy Shared Ownership. was renting as it would be out of my price range. HOLD Shared ownership just made sense as I pay less Shared ownership is one of the government’s Help to Buy This is a specially tailored option to assist people with long- money than when I was when renting and I’m affordable home ownership schemes. It provides aspiring term disabilities to purchase a share in a home. It’s offered by putting some money in my own pocket. It also home owners who can’t afford to buy a house on the open a small number of housing associations with limited availability. means that we have the security of our own home.” market the chance to purchase a share in a home. Run through Mortgage advice for HOLD Housing Associations, the scheme allows individuals to buy Charlene was very impressed with the customer service she between 25% and 75% of a property and pay subsided rent received from Fortis Living while the purchase was going My SafeHome Ltd is the UK’s leading provider of help & on the remaining share. through and she loves the location of her new home, as she support for people with a disability who want to buy their can walk into town, with William on his bicycle. own home. The mum of one bought a 25% share in her home and explained that without shared ownership she would not have “Stratford-upon-Avon is such a great place to live, To find out more you can contact My SafeHome Limited on been able to get on the property ladder. there’s always something going on.” 024 7640 2211 or visit their website at: www.mysafehome.info. My SafeHome Limited will be able to advise you about which “Being a single mum, I felt the only way I could Charlene is looking forward to making the home her own get on the property ladder was through the housing associations have the necessary HOLD funding to assist and hopes that her future holds lot of happiness for her and you with the purchase of your new home. shared ownership scheme. I was unable to get William and it’s all thanks to shared ownership! a mortgage without it.” Forces Help to Buy The scheme is designed to help regular service personnel with the cost of buying a home. For more information contact the Joint Services Housing Advice Office (JSHAO) on 01252 787574. This scheme is not administered by Help to Buy Agents.

10 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 11 Case Study

Applying for Help to Buy

We’d recommend you talk to a mortgage advisor to help you decide which scheme might be best for you. Depending on your individual circumstances here are your next steps to home ownership.

Help to Buy equity loan Shared Ownership, Intermediate Rent etc n Find a property in the area where you’d like to live. You can find a list of developers on our n Visit our website at website at www.helptobuymidlands.co.uk www.helptobuymidlands.co.uk and complete the online application form. n You can find some of the developers in your area, who are offering the equity loan scheme n Once we have your full application, we’ll in The Directory on page 24. assess it to see if you’re eligible for the scheme you’ve chosen. We’ll let you know one way or n Once you’ve found your dream home, the another within four working days. If you are developer will help you reserve it. Young family buy their eligible, your search for a home can begin. You will then need to complete an application You can find affordable homes in your area, first home in their mid-20s form, known as a Property Information Form (PIF). using the Property Search pages on our The online PIF on our website is easy and quick website www.helptobuymidlands.co.uk. to use. Alternatively, you can print off a copy if n When you see a property you like, contact you prefer. Aaron and Jo Carvell reserved and completed on The couple purchased lots of new furniture before they the housing association or developer to their first home in just over a month! The couple moved in and had it stored across different family members’ Submit your PIF and reservation form to us for arrange a viewing. have two children, Mia and Maisie. They also houses so Jo is delighted to finally have all their belongings assessment and, providing the forms are fully under one roof: completed, you’ll receive a decision from us within share their home with a pet rabbit called Casper. 4 working days. “In the rented house we were always conscious The family opted for a 3 bedroom detached property by about what we could do so we are really looking Persimmon Homes at the Canalside development in Burton- forward to putting the finishing touches to our on-Trent which they purchased through the Help to Buy new home.” Both Equity Loan Scheme. Asked if the family made any sacrifices to help save for their n A mortgage advisor will help you to arrange the finance for your purchase which may include a mortgage The Help to Buy Equity Loan scheme allows buyers to purchase first home, Aaron explained that they had to forgo some (see pages 14-17). a new home worth up to £600,000 with just a 5% deposit and a holidays, opting instead to put money into savings account. 75% mortgage. The remaining 20% is covered by an equity loan n You’ll need to appoint a solicitor (or conveyancer) to act on your behalf (see page 16). They deal with all from the government, which is interest free for the first five years. “We are just so happy that we have been lucky the legal contracts, inspections and reports for you (this is called conveyancing). Solicitors’ fees vary and enough to buy our own home when many of “Before buying we both went to university and some will have more experience in dealing with Help to Buy purchases than others. our friends are still living with their parents had been renting privately so buying a home just and saving.” n Once all the legal and financial matters have been finalised you’ll exchange contracts and set a date for you wasn’t achievable alongside studying and raising to complete the purchase of your home. our children.” It seems like this family have finally found a place they can call their own thanks to Help to Buy! n The moment you’ve been waiting for…collect the keys and unlock the door to your new home! Aaron explained that Jo’s sister bought a home on the same development last year so they were lucky enough to have someone else’s experience to draw on. This helped with the application as they understood the different stages of the buying process.

12 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 13 Solicitors and Mortgage Advisors Key

NG LN DE

ST LE (R) LE SY B The serious stuff: NN CV financial and legal advice WR

HR We’d strongly advise you to obtain financial advice, The benefit of using our panel of solicitors and mortgage particularly if you are arranging a mortgage. Mortgage advisors is that they have a wide range of experience of advisors will be able to advise you about mortgages Help to Buy products and low-cost home ownership in which suit your particular circumstances. general, but you can use a solicitor and mortgage advisor of your choice if you prefer. You’ll also need a solicitor (or conveyancer) to carry out the legal work involved in buying your home and you will As a general rule, you’ll need to have access to around be charged for this service. £1,500 in savings to cover the one-off costs involved in B LE LE ALL buying your new home, such as solicitors’ fees and the (R) You’ll be able to find details of our panel of solicitors and costs of moving. This doesn’t include any mortgage mortgage advisors who work in the West Midlands and deposits, developer reservation fees or stamp duty. BIRMINGHAM & LEICESTERSHIRE RUTLAND ALL REGIONS East Midlands on pages 15,16 and 17. They are also listed THE BLACK COUNTRY on our website. If the purchase price of your new home is more than £125,000 you’ll need to pay stamp duty. You can find out more about stamp duty rates at: www.gov.uk. CV LN SY

COVENTRY & LINCOLNSHIRE SHROPSHIRE WARWICKSHIRE

DE NN ST

DERBYSHIRE NORTHAMPTONSHIRE STAFFORDSHIRE

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www.helptobuymidlands.co.uk HEREFORDSHIRE NOTTINGHAMSHIRE WORCESTERSHIRE

14 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 15 Solicitors Mortgage Advisors

BHW SOLICITORS ISON HARRISON SOLICITORS SHOOSMITHS APH FINANCIAL MANAGEMENT T/A JAMES LEIGHTON FINANCIAL RSC NEW HOMES LTD www.bhwresidential.com www.isonharrison.co.uk www.shoosmiths.co.uk MORTGAGE ADVICE BUREAU SERVICES www.rscnewhomes.com 01162 897 000 01132 845 000 03700 864 000 www.mortgageadvicebureau.com/ www.jlfs.co.uk 01614 866 278 aphfinancial 01158 709 520 CV DE LE LE LN NG ALL ALL B CV DE LE NG ST (R) 01327 703 252 ALL ALL NN ST LEVI SOLICITORS LLP TAYLOR ROSE TTKW SY WR www.levisolicitors.co.uk www.taylor-rose.co.uk MAXIM FINANCIAL SOLUTIONS LTD 01132 249 931 01733 333 333 ARMCHAIR MORTGAGES LTD www.maxim-mortgages.co.uk BRETHERTONS SOLICITORS www.armchair-mortgages.co.uk 01753 833 275 STABLE FINANCIAL PLANNING www.brethertons.co.uk DE LE LN ALL 01543 571 016 01386 765 206 01788 579 579 ALL ALL CV HR WR ALL PLS SOLICITORS TAYNTONS SOLICITORS www.pls-solicitors.co.uk www.tayntons.co.uk MERIDIAN MORTGAGES LTD CENTRAL FINANCIAL SERVICES THE MORTGAGE BRAIN BRIDGE MCFARLAND SOLICITORS 03330 146 150 08001 584 147 vwww.meridianmortgages.net www.centralfinancialservices.co.uk www.themortgagebrain.net www.bridgemcfarland.co.uk 01162 720 083 ALL B CV DE HR LE LN 01213 147 707 03333 408 888 01522 518 888 ALL ALL ALL LN QUALITYSOLICITORS DAVISONS NG NN ST SY WR www.qualitysolicitors.com/davisons METRO FINANCE TMP THE MORTGAGE PEOPLE DIRECTION LAW 01216 851 234 CONCISE FINANCIAL SOLUTIONS www.metrofinance.co.uk TERRY JONES SOLICITORS www.concisefinancialsolutions.co.uk 01142 701 444 www.tmpmortgages.co.uk www.directionlaw.co.uk ALL 08707 669 388 www.terry-jones.co.uk 01522 567 222 01227 812 735 01743 285 888 ALL ALL LN ALL ROBERTS ROSE PARTNERSHIP ALL LIMITED MILLER FINANCIAL PLANNING UNIFORM MORTGAGES LTD www.robertsrose.co.uk DUPREE MORTGAGE SOLUTIONS www.millerfp.co.uk FIDLER & PEPPER SOLICITORS THURSFIELDS SOLICITORS www.uniformmortgages.co.uk www.fidler.co.uk 01162 515 120 www.dupreefs.com 01788 577 775 www.thursfields.co.uk 01453 852 900 01767 316 626 08459 011 960 LE 01299 872 571 ALL ALL B CV HR NN ST SY B CV DE LE LN NG B CV DE ST SY WR SCOTT FOWLER SOLICITORS MORTGAGE BUREAU WR WARREN & CO (COMPLETE SY ST WR www.scottfowler.co.uk www.mortgagebureau.net WILSON BROWNE SOLICITORS FINANCIAL SOLUTIONS) 01604 750 506 08442 254 321 www.wilsonbrowne.co.uk www.warrenifa.co.uk B CV LE NN 08000 886 004 ENSIGN MORTGAGES ALL 01452 547 783 FRANKLINS SOLICITORS LLP & INVESTMENTS LTD www.franklins-sols.co.uk LE NN 01509 670 000 B CV HR ST SY WR 01604 828 282 SEYMOUR LUKE LTD MORTGAGE EXPERTS LTD T/A ALL www.seymourluke.com MORTGAGE ADVICE BUREAU ALL XACT MORTGAGES LTD 01214 563 696 www.mortgageadvicebureau.com/ www.xactmortgages.co.uk newmans ALL 01217 126 230 FRASER BROWN SOLICITORS EVOLVE FINANCIAL SOLUTIONS 01788 820 038 www.evolvefs.com B CV DE HR LE LE www.fraserbrown.com (R) 01473 603 211 B CV DE LE NG NN 01159 888 777 SHAKESPEARE MARTINEAU

www.shma.co.uk ALL CV DE LE LE LN NG NG ST SY WR (R) 01212 140 000 ST SY

ALL INDEX MORTGAGES LIMITED NN YOUR MORTGAGE HUB LTD www.indexmortgages.net NEW HOMES MORTGAGE SERVICES www.newhomesadvice.co.uk www.yourmortgagehub.co.uk 01902 677 215 03455 443 499 01543 464 144 GRINDEYS SOLICITORS SHB SOLICITORS LIMITED B CV HR LE NG NN ALL www.grindeys.co.uk www.shbsolicitors.co.uk ALL 01782 846 441 01162 626 052 ST SY WR ALL ALL

16 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 17 Frequently asked questions Frequently asked questions

Q. What is Help to Buy? Existing shared owners who qualify for assistance are Q. I don’t know anything about mortgages Q. I bought a property through an equity able to move from their existing shared ownership and I’m not sure if I could afford one. loan scheme and now I want to move. Help to Buy is the umbrella term for homeownership home and purchase a new build home under the shared schemes, such as shared ownership, equity loan etc. ownership scheme. Can you advise me? What do I have to do to pay back the Whilst we can’t give you advice on financial matters, equity loan(s)? Q. What is a local Help to Buy Agent? The existing shared ownership home must be disposed we do have a panel of financial advisors and mortgage of at the point of purchase. You will need to contact the Mortgage Administrator Local Help to Buy Agents are appointed by Homes brokers who may be able help you. Their details are on (www.myfirsthome.org.uk) and they will be able to England. They have two main roles. The first is to promote The equity loan scheme is available to both first time pages 16 and 17. advise you on what you need to do. government homeownership schemes and the second is to buyers and existing homeowners. If you already own assess applicants for these schemes to make sure they are your own home and want to buy through this scheme, Q. I’m thinking of buying a property under Q. What is the difference between being eligible and can afford them. Help to Buy Midlands is the you will need to sell your existing property by the time the Shared Ownership scheme. If I buy a a freeholder and leaseholder? local Help to Buy Agent for the West and East Midlands. you complete on your new home. share in one of these properties, who is A freeholder owns the land that the property is built on; Q. Why can’t I find any properties in the Q. I’m a nurse – are there any schemes responsible for the repairs and upkeep? a leaseholder buys the right to live in a property for an area I’m looking for on your website? specifically for keyworkers like me? As the homeowner, you are responsible. This will be agreed period of time but does not own the land the property is built on. Help to Buy Midlands cover the following areas: detailed in the terms of your lease. There are no longer any key worker specific Help to Buy Q. Can I apply online? n Coventry & Warwickshire schemes in the areas covered by Help to Buy Midlands. Q. I bought a 50% share in a Shared However, key workers are still encouraged to apply. n Birmingham Ownership property a while ago and If you’re applying for shared ownership you can apply online and you’ll find the application form on our website. n Staffordshire Q. Can I choose to buy a home on the open I would like to buy more shares in my n Shropshire market and then get help through Help home – can I do this? If you’re applying for the equity loan scheme, first you’ll need n Worcestershire to Buy? Normally, yes – this is called staircasing. You can find to find a property and reserve it with the developer, then n more information about staircasing on page 9. Some you can complete the online application form, also known Herefordshire You cannot buy an older property through the Help to rural schemes may have restrictions on staircasing. as a Property Information Form, or PIF, on our website. n Leicestershire Buy Equity Loan Scheme; it is only for newly built homes. n Rutland Sometimes older shared ownership properties come up Q. I’ve seen a property on your website that Q. I am self-employed – can I still apply for n Northamptonshire for resale when their owners are looking to sell their share I’m interested in but it says it is a resale Help to Buy schemes? and move on. n Nottinghamshire property – what does this mean? Yes, but in order to get a mortgage, lenders usually n Derbyshire Q. How do I know if I would be eligible for Resale properties are ones which were bought on a require you to produce 3 year’s accounts from your n Lincolnshire Help to Buy? shared ownership basis when new and the current business. For more advice, you might want to talk to owner is now selling. You can also purchase the property a financial advisor or mortgage broker. If you are looking for properties in any other areas, you For outline details of eligibility criteria go to our website on a shared ownership basis if you are eligible. will need to contact the local Help to Buy Agents covering www.helptobuymidlands.co.uk. All applications are Q. Where can I find more information about that area. For a list of all local Help to Buy Agents in considered individually so you may find it worthwhile Q. I bought my home through one of the old getting a mortgage? England go to www.helptobuy.org.uk. applying even if you think you may not be eligible. schemes (HomeBuy Direct / FirstBuy). In addition to going to a mortgage advisor, applicants can Q. I already own my own home - would I be Q. Would I still need a deposit if I buy a When do I have to start paying fees on seek information from the Money Advice Service. Please eligible for Help to Buy? property through a Help to Buy scheme? the equity loans? go to www.moneyadviceservice.org.uk to find out more. Shared Ownership schemes are aimed at first time buyers You will probably still need at least a 5% deposit and some For HomeBuy Direct and FirstBuy, the fees on your equity but applications from existing homeowners can also be lenders may require a larger deposit than this. Occasionally loan kick in 6 years after you bought your home. Fees for considered. You will need to sell your existing property some lenders will lend 100% mortgages to people in the First Time Buyer’s Initiative kick in after 3 years. You although you may be able to do this simultaneously with certain professions or who live in specific areas. If you should receive an annual statement from the Mortgage buying a new shared ownership property. This applies to would like to find out if any 100% mortgages are currently Administrator which will tell you when your first payments properties both in the UK and abroad. available, we would advise you to speak to one of our panel are due and how much they will be. For more information of financial advisors. please contact them directly at www.myfirsthome.org.uk. Please note: Your existing property must be sold subject to contract (you have formally accepted an offer for it) before you apply to us and we will require evidence of this, such as a Memorandum of Sale.

18 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 19 Case Study

Jargon Buster

There’s lots of jargon associated with buying a home and some of it can be difficult to understand, especially if you’re a first time buyer. This jargon buster gives a simple explanation for some of the new words you may come across during the home buying process.

Conveyancer NHBC Guarantee A solicitor or licensed professional who deals with the legal A 10 year guarantee scheme on newly built properties, aspects of buying a property. provided by National House Building Council. If during the first 10 years any serious defects occur, the builder or Deposit developer should put them right under the scheme. Down payment on a property, usually calculated as a Registered Provider percentage of the value or share being purchased. This is the term for a Registered Social Landlord, which Ben & Beth fly the Equity Loan includes Local Authorities and Housing Associations. This is a top up loan in addition to your mortgage. The Shared Ownership nest with Help to Buy amount you ultimately have to repay on this loan is linked to the value of your property. As the property’s price increases You buy a proportion of a property, usually through a or decreases, so does the amount of your loan. This loan is Housing Association and pay a subsidised rent on the portion registered as a second charge against your property so you you do not own. You normally buy between 25% and 75% of Buying a home may not be on everyone’s “It was always my intention to buy through the have to have a mortgage as part of buying a property this way. the property initially. minds in their mid-20s but Beth and Ben from Help to Buy Equity Loan scheme whilst I was saving. At every step I was thinking what house Help to Buy Shared Ownership resales Leicestershire did just that. type I could get and where I could buy a home Help to Buy is the overall umbrella term for government A resale property is an existing shared ownership home that Ben Lamb (25), an engineer for a large automotive company in with the 5% deposit. I think it’s a great way to get on the property ladder.” home ownership schemes. It includes the equity loan and is being offered for sale by the current owner. Warwickshire and Beth Passaro (23), an assistant manager at a shared ownership schemes. well-known pharmacy chain near Nottingham were both living Without Help to Buy Ben said that they would have had to Staircasing with their parents before purchasing their Help to Buy home. FA save hard for quite a few years. The scheme allowed them to Where you buy more of a share in your property or pay “I was looking at buying a house myself and then get a foot on the ladder sooner than they’d believed possible. An FA is a financial advisor, a qualified professional who can back part of your equity loan. when Beth and I got together we both shared give you unbiased advice on mortgages. The couple have already invited their family round for the intention to move out of home and set up a Stamp Duty celebrations as Ben explained: life together.” Leasehold When purchasing a property, depending on the price, “They are absolutely thrilled for us and think it is The couple bought a 3 bed semi-detached property in Rothley, A leasehold property is where you buy the right to live in the you may have to pay a tax to the Government. This is called a great investment. It’s even made my younger property for an agreed period of time. However you do not Stamp Duty. Leicestershire from William Davis Ltd, with the Help to Buy brother see buying a home as more attainable”. Equity Loan scheme. The location was perfect as it was a own the land on which the property is built; this is owned by commutable distance for both to reach work and close to the Freeholder. both sets of parents. Local Connection The Government backed Help to Buy Equity Loan scheme allows buyers to purchase a new home worth up to £600,000 Some Help to Buy schemes, particularly in rural areas with just a 5% deposit and a 75% mortgage. The remaining require potential purchasers to have family or other links 20% is covered by an equity loan from the government, which to the local area. is interest free for the first five years.

Ben and Beth used a Help to Buy ISA to save for their first home.

A more extensive jargon buster is available on our website www.helptobuymidlands.co.uk

20 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 21 Join us online Notes

You can explore all about Help to Buy by visiting matches your search comes on the market. ‘My Help to Buy’ ...... www.helptobuymidlands.co.uk or joining us on users can also highlight their favourite homes and pages as well social media. opting to receive the latest Help to Buy news. Create your free ...... account at: www.helptobuymidlands.co.uk/registration...... Our website has been designed to ensure everything you Our website is the perfect place for individuals to find out need to know about Help to Buy can be found in one place. more about Help to Buy and start searching for a new home. So, whichever Help to Buy option you are interested in, you ...... can find the information at your fingertips. Get social ...... Take a look at our online guides and FAQs as well as stories If you’re into social media why not interact with us and keep about people who are now happy home owners thanks to yourself up-to-date with all things Help to Buy. We run ...... Help to Buy. regular features including a ‘Home of Week’ as well as posting property news, local events and regular competitions. Join us. You can also use our property search to find your dream ...... home. It lists properties for sale across the East and West Midlands from both big and small developers. HelptoBuyMidlands ...... On our website, you can also create a personalised ‘My Help to Buy’ Account to gain easy access to your favourite properties @HelptoBuyMids ...... and Help to Buy facts. By setting up property alerts, you will receive an email every time a new Help to Buy property that helptobuymids ......

......

22 Help to Buy Guide Help to Buy Midlands is delivered by Orbit Help to Buy Agents 23 The Directory

The home you’ve been dreaming of. Must be Miller Homes.

It doesn’t matter if you’re looking for a two bedroom starter home or a ﬁ ve bedroom detached family home, your next move could be closer than you think with Help to Buy*. It’s available on selected homes across the Midlands and means you could only need a 5% deposit to own 100% of your brand new Miller home.

What’s more, our expert advisers will always be there to guide you through the entire home buying process, helping to make Langley Country Park, Derby Highﬁ elds, Littleover your move as simple as possible.

Call us today or visit one of our developments to discover The Miller Difference and see why when it comes to Help to Buy*, it must be Miller Homes.

Showhome and marketing suite opening times vary. Visit our website to ﬁ nd out more. Roman Heights, Streethay Ravens Croft, Droitwich

03333 319 264 | www.millerhomes.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT *Help to Buy is available on properties up to a maximum value of £600,000. If you qualify for Help to Buy assistance and you raise a mortgage for at least 75% of the purchase price of your new home from a lender, you can borrow up to the remaining 20% of the purchase price by taking out a loan secured over your new home from the Government’s Homes & Community Agency (HCA) over a period of 25 years. A 5% deposit is required by the lender. More may be required depending upon circumstances and your lender’s criteria. Help to Buy is subject to eligibility and terms and conditions. For full details visit www.millerhomes.co.uk/helptobuy.

24 Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 25 Are you trying to get on the property ladder or thinking of moving house?

Are you considering buying under a Shared Ownership Scheme or taking advantage of Help To Buy?

If the answer is yes then choosing Thursfields is also one of only a few firms in the Thursfields Solicitors to assist is Worcestershire and West Midlands areas who are on the Help to Buy panel. the right choice. With Louise and Julie’s expertise they are Our New Homes and Help to Buy specialist able to provide timely and effective advice Louise Jones has worked in-house for one guiding you through even the most complex of the largest UK house-builders for the last of transactions in a smooth and stress free 8 years and has substantial experience in all manner. aspects of a new-build transaction, including For all your enquiries please Help To Buy. Shared Ownership contact Julie Goodman on 01299 872571. Our Shared Ownership expert Julie Goodman For all your has specialised in this field for a number of New Build and Help To Buy enquiries please contact Louise Jones on years and is highly regarded by both local and national Housing Associations. 0121 796 4021.

Integrity & Expertise www.thursfields.co.uk

Help to Buy Midlands is delivered by Orbit Help to Buy Agents. 27 The Bloor difference CAREFULLY CONSIDERED LOCATIONS

BECAUSE THERE ARE THOSE WITH A GREATER OUTLOOK ON LIFE Superior homes across the Midlands all available with Help to Buy*

We take a lot of care over where we build our homes. Not because we have to, but because we want to.

We ask ourselves, if it were our home, where would we want it to be? Carefully chosen superior locations across the Midlands offer the perfect combination BLOOR HOMES MANOR FARM SPRING PARK THE BRAMBLES SOUTHAM GRANGE BUCKTON FIELDS of a peaceful escape, with easy travel back to civilisation. AT ANSTEY FIELDS Mapperley NG3 5RQ Long Lawford CV23 9DX Southam CV47 2BJ Northampton NN6 8AA * Visit us at one of our developments listed to discuss the Help to Buy scheme with our friendly Sales Team. Anstey LE7 7GG Mickleover DE3 0RN 4 bedroom homes 1, 3 & 4 bedroom homes 3 & 4 bedroom homes Final few 4 bedroom homes 2, 3 & 4 bedroom homes 2, 3 & 4 bedroom homes

SEE IT. FEEL IT. EXPERIENCE IT. Open daily 10am – 5pm Selling from Alms Meadow Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm 01164 735785 01332 898561 01158 718132 01788 297925 01926 675941 01604 809615

OAK TREE ALMS MEADOW EDEN PARK LILAC VIEW OAKLEY MEADOW REDHOUSE FARM GARDENS Etwall DE65 6NR Rugby CV21 1SA Long Itchington CV47 9PY Bishops Tachbrook Towcester NN12 7LD CV33 9RW Donington Le Heath 3 & 4 bedroom homes 2, 3 & 4 bedroom homes 2, 3 & 4 bedroom homes 3 & 4 bedroom homes LE67 2XB 3 & 4 bedroom homes 2, 3 & 4 bedroom homes Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm Open daily 10am – 5pm 01530 886569 01283 807818 01788 297805 01926 675907 01926 675943 01327 829207

*Help to Buy and all Bloor Homes’ incentives and schemes are subject to terms and conditions and are available on selected developments and selected plots only. Help to Buy is only available on developments in England, up to the value of £600,000 subject to contract, status and eligibility. Details correct at time of going to press. Images shown for illustrative purposes only.

Introducing our exquisite Quality homes in new development ideal locations Ask us The Orchards about our many buying schemes to help get you Chester Road, Whitchurch SY13 1NF moving!

The Orchards by Hollins Homes is an exciting new development of 3, 4 & 5 Our homes include: bedroom homes. Positioned in the most • Fully equipped kitchens with Bosch appliances* sought-after address, within the beautiful • Bi-folding doors* market town of Whitchurch. • Villeroy & Boch bathrooms • Porcelanosa wall tiles This prestigious development combines luxury • 10 year warranty living with an ideal location. The Orchards features • Help to Buy available conscientiously designed, traditional properties with contemporary interiors. The homes boast sizable Melton Mowbray COMING SOON: gardens and are surrounded by charming open green Help Melton Fields, Leicester Road spaces – characteristic of the heart of Shropshire. 2, 3, & 4 bedroom homes. Aylestone to Buy St Mary’s Park, Leicester To view our high quality build, visit our stunning Wigston 2, 3 & 4 bedroom homes. Thornhill Fields, Cooks Lane Tarleton Green showhome, Preston PR4 6AS. 2, 3, & 4 bedroom homes. Coventry Open 7 days, 10am – 5pm. Hawkesbury Place, Grange Road Available* Leicester 2 & 3 bedroom homes. Wolsey Island, oﬀ Abbey Park Road 2, 3, & 4 bedroom homes. Loughborough Beacon Place, Beacon Road Visit our sales office at The Orchards, open every: Marketing Suite and Showhomes 2, 3, & 4 bedroom homes. Thursday – Monday, 10am – 5pm Open Daily 10am-5pm Huncote Forest Green, Denman Lane Or for more information, call our friendly team on: 2, 3, & 4 bedroom homes. 0330 133 0649 westleigh.co.uk www.hollinshomes.co.uk *Subject to Help to Buy scheme rules. Mortgage oﬀer is subject to application and status. Full details of the mortgage product are available through an independent mortgage adviser. *May not be available on our affordable range of homes. Speak to our Sales Consultants for more details.

501 HH HTB Midlands A4 ad_The Orchards_V2_AW.indd 1 16/02/2018 14:30

FB 9-3-18 Help to buy Advert.qxp_FB 9-3-18 Help to buy Advert 09/03/2018 14:32 Page 1

BEAUTIFUL HOMES IN THE MIDLANDS AREA

UNDERSTANDING YOU, FIRST... INDIVIDUALLY CRAFTED LEGAL SOLUTIONS

Our dedicated specialist team dealing with all “Help To Buy and Shared Ownership” property transactions are waiting to assist you. With direct line telephone numbers and email access to your own personal specialist lawyer and their assistants, you can rest assured help is always on hand. Combined with our transparent, affordable legal fees with fixed fee options, we guarantee no hidden surprises.

Take a seat and leave the rest to us.

Please get in touch to discuss your requirements 0115 9888 777 or email [email protected]

fraserbrown.com

Stunning new homes

BUILT FOR Modern living 44 1 to 5 Schemes Whether you’re a first time buyer or looking to move on Developments Bedroom homes To help you move from your existing home, there is plenty of choice across the Midlands to find your dream home.

All of our developments offer the Help to Buy incentive, so all you need is a 5% deposit to make your move. Help to Buy enables qualifying first time buyers or second time buyers to receive up to a 20% loan, so you’ll only need a 75% mortgage – meaning that you can get more home for your money!* #taylorwimpey taylorwimpey.co.uk

*Normal Taylor Wimpey terms and conditions apply. Images used for illustrative purposes only. The images on this page show a typical Taylor Wimpey home and include optional upgrades at additional costs. Prices correct at time of going to press. Offer available on selected plots and developments only. Eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value) Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. For the first five years there is no fee charged on the equity loan component. At the start of year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1%. The Authorised and regulated by the Solicitors Regulation Authority equity loan is provided by the HCA and held as a second charge. Terms and conditions apply and full details will be provided on request. This offer is subject and only available on selected developments and properties in England only. It is not offered with any other promotion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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New homes across Shropshire available with Help to Buy.

Following on from the success of recent sites, Galliers has new developments now on sale in Hadnall, Bomere Heath and Hinstock, and with collections coming soon to Church Aston and Baschurch you’re sure to find a home to suit you. Help to Buy is available on all new-build Galliers homes, so whether you are a first-time buyer or a home mover, owning your dream home has never been easier. Choose from a range of two, three, four and five-bedroom homes, each featuring welcoming bedrooms, bright living spaces and a contemporary specification.

Typical interiors.

Explore our collections and discover your new home at galliershomes.co.uk

13859 Galliers HTB Midlands FP Advert (March).indd 1 07/03/2018 09:56 Homes available now or coming soon in Worcestershire, Herefordshire, Warwickshire & Gloucestershire

Available May 2018

A515 A51 A513 A collection of 2 and 3 bedroom A513 More online

A513 homes situated in Streethay A51 LONGDON apply today! A515 village, just east of the cathedral LONDON ROMAN GREEN HEIGHTS

city of Lichﬁ eld. Available through A515 ELMHURST Shared Ownership. A51 CURBOROUGH A5192 Contact us for more details A5127 Roman Heights HUDDLESFORD A5190 LICHFIELD A51 CHASEWATER PIPEHILL Burton Road, Streethay, A38 COUNTRY PARK HAMMERWICH 01684 579 447 Staffordshire, WS13 8LT MUCKLEY A5 CORNER A5 A5148 M6 TOLL Email: [email protected] A51 BROWNHILLS SHENSTONE www.fortisliving.com/buy A5 Register your interest A5127 WEEFORD A452 M6 TOLL @fortisnewhomes @fortisnewhomes

0845 600 4072 [email protected] orbithomes.org.uk/roman-heights *We can help you get on to the property ladder with Shared Ownership. Prices are based on a 40% share. Higher and lower shares can be purchased.

Written details available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. Subject to eligibility, status and nancial assessment. Images used are for illustrative purposes only. Information correct at time of going to print March 2018.

22951 - Fortis_A4Advert_v2.indd 1 15/03/2017 16:35 Now your quality dream home in the Midlands is a reality with Keepmoat

Discover your new stylish home at our Keepmoat Homes developments across the Midlands. Our quality homes are perfect for first time buyers, current renters, families and professionals. Prices start from £110,000 and we’ve got a selection of stunning, great value 2, 3, 4 and 5 bedroomed properties – so there’s one to fit your price range. And with Help to Buy, one of our beautiful, new houses could be your new home, with as little as a 5% deposit.†

House to sell? Not a problem. With our * scheme we will help sell your old home so you can buy one of ours. We’ll pay your estate agent fees and you can still take advantage of the Help to Buy scheme and it’s 5% deposit.† Call or visit us today to find out more and make your move today!

We’ve got beautiful homes in: West Midlands Staffordshire Derbyshire King’s Park Spirit Quarters, Lyme Gardens, Meadow View, Gainsborough Road Coventry Stoke on Trent Shirebrook Corby Winston Avenue, Commercial Road, Meadow Lane, NN18 9NS CV2 1DX Hanley, ST1 3QP NG20 8FD 01536 738 961 0247 6992674 01782 692766 01623 859798 Fairfields, Corby The Willows, Dudley Bucknall Grange, Mill Farm, Tibshelf Glastonbury Road OWN IT Middlepark Road Stoke on Trent Mansfield Road, NN18 OBD FOR LESS THAN Dudley Eaves Lane, Bucknall, Tibshelf, DE55 5NF 01536 737 190 DY1 2LD ST2 8JY 01773 318086 Nottinghamshire 01384 469899 01782 692794 YOU THINK Leicestershire Chase Farm, Gedling Primrose Lodge, Herefordshire Bardon View, Coalville Arnold Lane Walsall Malvern View, Bardon Road, Coalville, Gedling, NG4 4HF WITH HELP COMING SOON Bartestree LE67 4BJ 01158 716703 Goscote Lane WS3 1SA Ledbury Road 01530 887451 The Edge, Nottingham 01922 897912 TO BUY Bartestree Off Arkwright Walk, Northamptonshire Shropshire Herefordshire Nottingham City The Paddocks, Telford HR1 4DA Upton Place, Centre, NG2 2HN Wellington Road, 01432 818153 Northampton 01158 714009 Rounding Street, Lightmoor Village, Porthouse Rise, Upton, NN5 4FG Horsehay, TF4 3FG Bromyard 01604 808228 01952 897485 Tenbury Road Bromyard Prices from just £110,000 Hereford, HR7 4NS 01886 878514

*Easymove is subject to status and only available on selected developments and properties. The property will be held for an agreed amount of time whilst we help market the sale of your existing home. If no acceptable offer is received on your existing home within the agreed time Keepmoat Homes reserve the right to re-market the available property. Offer is subject to valuations through approved agents only and can be withdrawn at anytime. It is not offered with any other promotion unless by special arrangement by us. This offer is also subject to the terms and conditions of your reservation agreement. Please ask your Sales Executive for more details. †Help to Buy: Eligible applicants will be offered an equity loan up to a maximum of 20% of the purchase price (based on the open market value) interest free for the first 5 years. After year five, you will pay a fee on the equity loan of 1.75%, rising annually by the retail price index plus 1%. Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. The equity loan is held as a second charge on the property. Terms and conditions apply and full details will be provided on request. This offer is subject to status and available on selected properties in England only. It is not offered with any other promotion. Terms and conditions apply. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Details and prices correct at time of going to press. Your search ends here...

only newa 5% homeinto deposit Moveyour with

Ask about Help to Buy 5% deposit needed* Computer generated image, details may vary.

Help These attractive new developments offer a range to Buy Own your dream home of 3, 4 and 5 bedroom homes all thoughtfully with Help to Buy. designed to suit todays busy lifestyles. Benefit from more affordable mortgage payments when you take advantage of a 20% government loan, interest free for 5 years. Whether you are a first-time buyer or home mover, Help to Buy is available on all new-build Cameron homes up to the value of £600,000.

Eccleshall With a selection of stylish homes across the Central Midlands including Walsall, Sta ord Hill Ridware, Swadlincote and Warton; and new developments across the South Midlands, incorporating Badsey, Lower Quinton, Pinvin and Tredington, Wellington there has never been a better time to choose a Cameron home. Shrewsbury Licheld Shifnal

Shropshire Staffordshire Shifnal, Iddeshale Gardens TF11 8FY Eccleshall, Sancerre Grange ST21 6LH 01952 305 013 01785 530 023 Shrewsbury, Bowbrook Meadows SY5 8PX Stafford, St Mary’s Gate ST18 0YH 01743 617 011 01785 530 014 Typical interiors. Coming soon Lichfield, Roman Heights WS13 8LT Wellington, 01543 544041 Haygate Fields, off Haygate Road Explore our collections and discover your new home at bovishomes.co.uk cameronhomes.co.uk

Elevations and interiors depict typical Bovis Homes.*The Help to Buy Equity Scheme has specific terms and conditions and is subject to affordability criteria as prescribed by the homes and communities agency. Subject to specific mortgage lender conditions and qualifications. Not to be used in conjunction with another purchase assistance scheme. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

43867 N HTB A4 full 01-03.indd 1 07/03/2018 16:23 13860 - Cameron HTB Midlands FP Advert (March).indd 1 07/03/2018 14:47

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YOUR HELP TO BUY EXPERTS

We have been helping people to get on the housing ladder since the Help To Buy schemes were introduced Lexel and CQS accredited We are also ‘new build’ experts, meaning that if you’re buying from a Upgrade house builder, we can get you into your property swiftly and smoothly Additionally we are on all major mortgage lender panels to a new St. Modwen home No misleading, artificially low headline prices – 96% of our clients say what we quoted is what they paid Fixed fees

At St. Modwen Homes we give you more. With a premium specifcation and a range of ways to help make ownership easy, from Help to Buy to Assisted Move and Part Exchange, there’s never been a better time to upgrade.

Bramshall Meadows, Bramshall Road, Egstow Park, Off Derby Road, Trentham Manor, Harold Hines Way, Uttoxeter, ST14 5BE Clay Cross, Chesterfield, S45 9AG Stoke-on-Trent, ST4 8WJ 3, 4 & 5 bedroom homes from £199,995 3 & 4 bedroom homes from £188,500 2, 3, 4 & 5 bedroom homes from £169,995 Call: 0844 243 4530* Call: 0333 399 0550* Call: 0844 243 4520* Branston Leas, Acacia Lane, Hilton Valley, The Mease, Victoria Park, Boothen Old Road, Branston, DE14 3EY Hilton, DE65 5JD Stoke-on-Trent, ST4 4EZ 2, 3 & 4 bedroom homes from £169,995 3, 4 & 5 bedroom homes from £184,995 2 & 3 bedroom homes from £149,995 Call: 0844 243 4898* Call: 0844 243 4511* Call: 0844 243 4516* Cofton Grange, Shadow Close, Manorfields, Off Burton Road, Weogoran Park, Whittington Road, Cofton Hackett, B45 8GQ Castle Gresley, DE11 9EW Worcester, WR5 2LQ 5 bedroom homes from £435,995 2, 3 & 4 bedroom homes from £154,995 3, 4 & 5 bedroom homes from £278,995 Call: 0844 243 4507* Call: 0844 243 4505* Call: 0844 243 4890* Edison Place, Technology Drive, Meon Vale, Western Heights Road, Rugby, CV21 1BD Long Marston, Stratford, CV37 8QR 2 & 3 bedroom homes from £199,995 3 & 4 bedroom homes from £264,995 Help Your assurance of quality and client service standards Call: 0844 243 4646* Call: 0844 243 4525* to Buy

Showhomes & Marketing Suite open Monday, Wednesday, Friday, Saturday & Sunday: 10am to 5:30pm. 0808 252 7832 Thursdays: 12pm to 7.30pm [email protected] www.stmodwenhomes.co.uk wilsonbrowne.co.uk *All offers are subject to Terms & Conditions and available on selective plots only. Help to Buy cannot be used in conjunction with Part Exchange and offer can be withdrawn at any time. The pictures shown are indicative images of St. Modwen homes. As we do our best to build a wide variety of homes on every development, the external materials, design features, and landscaping may differ to those shown in the image. Help to Buy is a government-led scheme and availability is subject to qualification. Full terms and conditions can be found at www.helptobuyorg.co.uk. †Calls will be charged at seven pence per minute from a BT landline and may cost considerably more from mobile and other phones. Contact your service provider for more details. Prices and offers correct at time of print.

WB_Help to Buy Experts_Help Buy Guide 2_A4_0917.indd 1 31/08/2017 13:08 Contact us for more information about getting your foot on to the property ladder:

www.helptobuymidlands.co.uk

03458 50 20 50 Option 2

@HelptoBuyMids

/HelptoBuyMidlands

helptobuymids

[email protected]

If you would like this document in Braille, large print or audio, please contact us on 024 7643 8000. Help to Buy Midlands is managed by Orbit Homes (2020) Limited, Company Registration No.06950748 Registered Office: Garden Court, Harry Weston Road, Binley Business Park, Coventry CV3 2SU part of Orbit Group Limited (Exempt Charity) registered under the Co-operative and Communities Benefit Societies Act 2014 (No. 28503R) Homes and Communities Agency (No. L4123)

Help to Buy Midlands is delivered by Orbit Help to Buy Agents