We will assist you with all additional parts of the buying process such as ‘Help to Buy’ or ‘Shared Ownership’ transactions.Read More
We work alongside our clients and developers to ensure purchases move smoothly from reservation, to exchange and completion.
Warranty – New build homes normally come with a 10 year warranty to give you extra peace of mind.
Blank Canvas – A new build home is normally something you can mould to your own taste by choosing your own fixtures and fittings as well as colour scheme.
No chain – usually there isn’t anyone else involved in the chain which will make the process easier for you.
Schemes – There are a number of schemes to make purchasing your home that little bit easier such as Help to Buy or Shared Ownership that aren’t normally available on the second hand market.
Our expert advisers will assess your eligibility for the scheme and confirm your ability to use it to purchase your new home.
Help to Buy is only available on New Build homes with a maximum purchase price of £600,000 and a full financial assessment will be run.
With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
Example: for a home with a £200,000 price tag
If the home in the example above sold for £210,000, you’d get £168,000 (80%, from your mortgage and the cash deposit) and you’d pay back £42,000 on the loan (20%). You’d need to pay off your mortgage with your share of the money.
First things first, we need to introduce ourselves, and find out a bit about you. So either call us today or book a time for your discovery call now (it will only take 10 minutes)
We’ll give you all the choice and information you want, to ensure you’re happy making a choice that’s right for you, guiding you each and every step of the way
We send your application, and let you know how it’s progressing, at least once a week. Keeping you in the loop and managing the application efficiently from start to finish
Excellent service. Everyone we dealt with for our mortgage was very professional, super efficient and friendly
John is simply in a different league to anyone else we have ever spoken to.
We couldn’t be more appreciative to the team at Fosters in securing us with the best mortgage deal for usA.Morrison
Excellent customer service. Always there to help and easy to get hold off.
very friendly service that explained all at every step and was always quick to respond to any questions, no matter how small, that we had
Subject to status and lending criteria
If your applying on your own, leave the Applicant 2’s income blank
Exact borrowing amount will depend on your circumstances including but not limited to income, income source, dependents, age, credit history and commitments