Help to Buy Plots Suffolk
The Government's Help to Buy: Equity Loan scheme closes on 31st October, but there's still time to use the scheme on these remaining plots at our Suffolk developments.
Last plots remaining at our Suffolk developments
Want to use the scheme before it ends? Here are the developments in our Suffolk region where you can find remaining plots with the Help to Buy: Equity Loan scheme available.
If you're a homebuyer looking to apply for an equity loan and legally complete on a new home, you'll be aware that Help to Buy is coming to an end soon. Here's a reminder of the key dates:
Monday 31 October 2022: Final date for homebuyers to apply for the scheme (2021-2023)
If you're buying using the scheme, you must reserve the home and submit the Property Information Form to your Help to Buy agent by 6pm on Monday 31 October 2022.
Saturday 31 December 2022: Homebuyer Practical Completion
This is the deadline for practical completion. By this date, Charles Church must have finished building your Help to Buy home so that it’s ready to move into. The home must have also been issued with a building warranty and a building regulations completion certificate.
Friday 31 March 2023: The scheme ends
Your Help to Buy purchase from Charles Church must be legally completed by 31 March 2023.
Want to know more about Help to Buy?
The Help to Buy: Equity Loan scheme is available to first-time buyers on new-build properties in England. If you’re an eligible first-time buyer, the Government will lend you a minimum of 5% and up to 20% of the market value of your newly-built home.
You pay a deposit of 5% of the purchase price of your new home at exchange of contracts, and arrange a repayment mortgage of at least 25% of the purchase price of your new home.
How much you can spend on your home will depend on where you’re buying. On developments in the South West the property price cap is £349,000, and in the South East it's £437,600.
Click here to find out more about the scheme.