Wessex overview
Address
Anthony Nolan Road, Kings Lynn, Norfolk, PE30 4GJ
Description
Wessex
Features
View Wessex floor plans
The Government backed FirstBuy scheme is available to help eligible buyers to purchase this new home. FirstBuy is designed to help first time buyers get onto the housing ladder with a smaller deposit.
With FirstBuy, you only need a 5% deposit. You take out an equity loan of up to 20%, which is interest free for 5 years. So you could only need a 75% mortgage, but you own 100% of your new home.
Here’s an example of how it could work:
|
Property price |
£100,000 |
|
Deposit |
£5,000 |
|
Equity loan |
£20,000 |
|
Mortgage required |
£75,000 |
Take a look at our
FirstBuy page to read
full terms and conditions and find out more about how the scheme works.