Katie (32) and her partner, Jason (34) used Help to Buy: Equity Loan scheme to enable them to take their first step onto the property ladder.
After privately renting for many years in London they found themselves locked out of the housing market and with their young daughter, Scarlett, fast approaching school age, they decided to look further afield. The couple moved to Hastings in East Sussex in February 2017 and privately rented whilst getting to know their new county.
“Once we had settled in the area we felt happy that we were in the right place for our family and so we started to look to the future. We decided to look for a property to buy and given the great service provided by The Park Lane Group whilst renting, we approached the sales office to find out about their new build properties.”
The young couple spoke to their Sales Consultant, Amy, who suggested the couple researched the Help to Buy scheme.
With the Government backed Help to Buy scheme available, it meant Katie and her partner could access the Government’s 20% five year interest free loan, and only needed to raise a 5% deposit to purchase a home.
“With help from a Financial Adviser we were shocked to see how much it would increase our budget by. We were also really surprised to see how low it kept our monthly outgoings.”
“The information that was provided to us was delivered in a user-friendly way and the whole process was explained from beginning to end.”
After viewing lots of houses, the family were delighted to finally find their perfect home which they reserved off-plan.
“Sales Consultant, Amy was so helpful every step of the way and this enabled us to relax in the knowledge that we were in good hands. As a first-time buyer, we wouldn’t say the process was without stress, but Amy made sure that we were always fully updated.”
“The day we received the keys to our new home, was a great day for us all. My family and I have since settled into our new home and still have a great relationship with Park Lane Group who are on hand for any questions we may still have.”
“We found the whole process really straightforward and we had no problems using Help to Buy, in fact it was was vital in ensuring we could get the home we wanted."
"Without Help to Buy we would still be renting and paying someone else’s mortgage!”