WebIf you decide to buy a Shared Ownership home in Chelmsford, you’re effectively purchasing a portion of your property. Your initial share will usually be between 25% to … WebThe standard criteria to be eligible to use the First Homes scheme are as follows: All purchasers must be first-time buyers. Purchasers must have a household income not …
First Homes - chelmsford.gov.uk
WebThe First Homes scheme works by offering newly built homes to first time buyers with a discount of at least 30% compared to the market value of equivalent properties. According to the government, homebuyers can save on average £70,000; making buying a home much more affordable. In some areas, up to a 50% discount is being offered. WebMay 20, 2024 · Currently, first-time buyers pay zero stamp duty when buying properties worth up to £300,000. This means that all First Homes Scheme properties will be exempt from stamp duty. The exception to this is properties in the Greater London area worth between £300,000-£420,000. Stamp duty will still apply when purchasing properties in … tracker traseira
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WebThe First Homes scheme launched by the government in June 2024 and is being rolled out over the next two years across England. Whilst availability is currently limited, the First Homes scheme will launch soon. Find a development near you with First Homes below and register your interest today. Find First Homes Search First Homes customer guide WebHome Developments Bowlers Court Ready to move in Bowlers Court Springfield Road, Chelmsford, CM2 6JG Ground floor flat and upper floor flat 1 bedroom Prices from… Shared ownership: £59,375* Check out our affordability calculator 1 of 6 Skip to: Overview Key features Available plots The local area In the heart of city living WebThe First Homes scheme is only available in England. Eligibility You must be: 18 or older a first-time buyer able to get a mortgage for at least half the price of the home buying the... Help to Buy and affordable home ownership schemes to help first-time buyers and … tracker transmission problems