Homes Handed Over To Pulborough’s Newest Residents
119 home scheme off Stane Street, moved in on
With fittings and high-spec appliances included as standard, the development, which comprises of two, three, four and five-bed homes, is aimed at first-time buyers making their first steps to home ownership and young families looking for high-quality builds in open green space.
Sam Truman, sales manager at Latimer, commented: “This is a major milestone for the scheme. It’s been fantastic to watch the first phase of the development take shape over the past few months and we’re looking forward to seeing the new residents move in to their homes next week.”
“Brookfields, like all Latimer schemes, has been designed with the long-term sustainability of the community in mind. By offering high-spec homes with transparent pricing, we hope many first-time buyers will be able to put down roots in Pulborough who might have previously felt alienated from home ownership in the South East. Across the country, Latimer is dedicated to increasing the pipeline of new-build homes to help fix the country’s housing crisis, but more locally, we’re committed to helping first-time buyers in particular get a foothold on the Pulborough property ladder.”
Latimer also invited prospective homebuyers from the local area to attend a ‘Moving Made Easy’ event on Saturday 14th and Sunday 15th September, where people were able to receive free advice on the Assisted Move and Help To Buy schemes. Through the Assisted Move scheme, Latimer will handle the process of selling the existing property as well as paying the estate agent fees on completion. People were also able to learn about the government’s Help to Buy scheme, which allows buyers to purchase a new home with just a five per cent deposit.
Sam added: “The Assisted Move and Help to Buy schemes are designed to make the process of buying a house as easy and stress-free as possible. But many are unaware of how the schemes work or how they can benefit.”
5 things you need to know about Help to Buy
Tim Seward, Director for Sales at Latimer, gives his top five tips for the government’s Help to Buy equity loan scheme:
1. You only need a 5% deposit
Through the scheme, buyers can purchase a new home in England with just a five percent deposit. The government lends the buyer 20 per cent (40 per cent in London) of the value of the property in the form of an interest-free equity loan for five years, allowing buyers to access the sought-after mortgage rates available with a 75 per cent mortgage.
2. You don’t have to be a first-time buyer
The scheme is open to all homebuyers – whether you’re a first-time buyer or already on the property ladder.
3. It’s only available on homes under £600,000
In England, the maximum price tag for a house bought through Help to Buy is £600,000 (£300,000 in Wales).
4. You can’t use it to buy a second home or a property to rent out
The Help to Buy equity loan scheme is designed to help buyers purchase a new-build home, which they’d otherwise be unable to access, rather than supporting buy-to-let investors.
5. The scheme has now been extended until 2023
The current Help to Buy equity loan scheme will end in March 2021, to be replaced by a new scheme, which will run from April 2021 until March 2023. However, it will only be open to first-time buyers and have regional property price caps.
Latimer aims to help tackle the housing crisis by increasing its pipeline of new build developments, with profits reinvested into building more affordable homes and supporting communities.
For more information on the scheme, please call 01323 459740 or visit