New Help to Buy scheme set to help Buckinghamshire's first time buyers

First time buyers in Buckinghamshire will have an opportunity to take their first steps on the property ladder next month, following the introduction of a new government-backed Help to Buy scheme.

The Help to Buy scheme is now exclusive to first time buyers and allows you to take out a loan between 5% and 20% of the full purchase price of a newly built home after 1st April 2021. Available throughout England, the scheme will run until 31st March 2023. It has been planned with regional price caps in place which limit the price on Help to Buy homes, which in the South-East is £437,600. This means that homebuyers in and around Buckinghamshire will be able to purchase a range of new homes with the support of Help to Buy.

Leading independent housebuilder Dandara is fully registered with Help to Buy and ready to assist prospective first-time buyers at its new home development at The Grove in Haddenham, Buckinghamshire, which includes modern open plan two-bedroom terraced houses and classic three-bedroom semi-detached houses for sale.

Simon Pendlebury, Sales and Marketing Director for Dandara Northern Home Counties, commented: “The launch of this new first time buyer-focused Help to Buy scheme is one to be welcomed. The scheme is a fantastic stepping stone for those looking to purchase a new home with just a 5% deposit and a 75% mortgage as it helps make monthly mortgage payments more affordable. It also provides the opportunity for young couples to secure a first home together and allows renters to find their own home.

“Help to Buy is perfect for Dandara’s new homes at The Grove. We have a range of properties that fall within the regional price cap for Buckinghamshire including: The Baxter, two bedroom home starting from £320,000 and The Molesley, three bedroom home, starting from £415,000.”