Whether you're a first time buyer, or need more space for a growing family we want to make your move into your new home as easy as possible. That’s why we have a variety of schemes in place to help get you moving at Gin Pit Village.
Help To Buy
Thanks to the new government equity loan scheme ‘Help to Buy’, you could move into one of our superior new homes with just a 5% deposit! Whether you are a first time buyer or have a home to sell the Help to Buy scheme can help get you moving.
Here's how it works to buy a new home:
Purchase price £200,000
Your 5% deposit = £10,000
20% 'Help to Buy' equity loan = £40,000
75% mortgage = £150,000
For more information about Help to Buy click here
Do you have a home to sell? We could be your guaranteed buyer and make you a full value offer within 7 days.
We will take your chosen new Ben Bailey home off the market for a week, during which time two local estate agents will visit you to carry out valuations on your old home. Based on the information they provide, we'll call you up within 7 days to make you an offer.
After time to consider the package we put to you, you will then reserve the home of your dreams and proceed to contract. At this time you would then instruct a solicitor and apply for a mortgage, if applicable.
Where build schedules allow, you will then be invited to make your selections to personalise your new home and once build complete, you can legally complete and start your new life in your dream home. Easy!
For more information about Part Exchange click here
*Full Value Part Exchange is subject to the use of Ben Bailey Homes suppliers, subject to survey. Not available in conjunction with any other offer and must be claimed prior to reservation. Terms and conditions apply. Ask your Sales Advisor for full details.**Eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. For the first five years there is no fee charged on the equity loan component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the loan is entered into multiplied by the outstanding percentage under the equity loan, the annual fee of 1.75% will be multiplied by RPI +1% p.a. The equity loan is provided by the HCA and held as a joint second charge. Terms and conditions apply and full details will be provided on request. This offer is only available on selected developments and properties in England up to £600,000. It is not offered with any other promotion. Applicants will need to use a Mortgage Broker from Ben Bailey’s panel, who will act solely for the applicant. For full details please contact the appropriate Marketing Suite. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Help to Buy scheme cannot be used in conjunction with any other scheme. Prices and details correct at time of going of distribution. Please speak with your sales advisor for full terms and conditions across all schemes. For more information visit benbaileyhomes.com/disclaimers