Properties at
Staiths South Bank
A range of 1 and 2 bedroom apartments, and 2, 3 and 4 bedroom homes.
Address
Staiths South Bank, Team Street, Dunston, Gateshead, Tyne And Wear, NE8 2BF
About the New Homes
Our Shared Equity scheme Easystart is available
on this development. With Easystart you only need a 5% deposit because we give you
a 15% equity loan, interest free for 10 years. So you only need an 80% mortgage,
but you own 100% of your home.
Here's an example of how it could work:
|
Property price |
£100,000 |
|
Deposit |
£5,000 |
|
Equity loan |
£15,000 |
|
Mortgage required |
£80,000 |
Take a look at our Easystart page to read
full terms and conditions and find out more about how the scheme works.
The Government backed
FirstBuy
scheme is available to help eligible buyers to purchase a new home on this development.
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.
View
new homes for sale at Staiths South Bank.