Ancaster – Your first step on the property ladder could be closer than you think.

1 March 2021

Getting on the property ladder has become a growing challenge, with the average age of first time buyers in the UK at 34. However, the government’s new scheme offers opportunities for you to get your first steps on the property ladder, without a hefty deposit. Meaning that your dream home is closer than you may think. Known as the “ Help to buy equity loan” this scheme will be made available from the 1st April 2021 to 2023 so if you are a first time buyer looking at new builds, you can apply for this scheme now. 

Ok sounds great, now how does it work? 

The equity loan, the deposit you have saved, and your repayment mortgage cover the total cost of buying your newly built home.You only need to save enough for a 5% deposit, the government lends you up to 20% of the value of the property and you then need to secure a 75% mortgage.

Key things to keep in mind: 

You do not need to pay interest on the equity loan for the first 5 years. You start to pay interest in year 6, on the equity loan amount you borrowed.
You can repay all or part of your equity loan at any time. A part payment must be at least 10% of what your home is worth at the time of repayment.
With just 2 plots suitable for the Help to buy scheme remaining at our incredibly popular Ancaster site, there has never been a better time to make a decision that could change your life for the better. 
Set in a quiet, private road at the edge of the delightful village of Ancaster, we have two 3 bedroom semi-detached homes remaining that are ready to move into. 

These properties come with some highly sought after features and facilities such as: 

  • Quality Fitted Kitchens by Howdens
  • Built in Hob
  • Fan Oven
  • Chimney Extractor
  • Fridge Freezer,
  • Dishwasher and Washer Dryer
  • Renewable Energy Source provided by an Air Source Heat Pump resulting in lower running costs
  • En-Suite to Master Bedroom Ground Floor WC
  • Twyfords Sanitary Ware and Bristan Taps
  • Laminate and carpets throughout 

Our 10 year LABC warranty also means you can have peace of mind that no matter what happens, you are covered by a structural warranty. This is a little different to your standard building and contents insurance as it provides you with cover for a wide range of structural defects that could, although rarely, occur during the first ten years after your home is completed.

We are dedicated to building homes that last, homes that people are proud to live in and helping as many people as we can to get onto the property ladder and fulfill a life-long dream, especially for those who may think it’s impossible. 

For more information on how you can view our remaining properties at Ancaster, get in touch with us today on 0116 2708554 or email us at in