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NewBuy 

 

95% Mortgages are back with NewBuy 

With NewBuy, a government-backed mortgage indemnity scheme, you could move into a new home with just a 5% deposit. Under the new programme, developed jointly by the Home Builders Federation (HBF) and Council of Mortgage Lenders, 95% mortgages will be made available to existing homeowners as well as first-time buyers on new-build homes worth up to £500,000.

The key benefits of NewBuy are:
 
►The NewBuy scheme is only available to purchasers of new build houses or flats, priced up to £500,000
 
►Purchasers may be first-time buyers or those already on the property ladder
 
►Purchasers must be UK citizens or those with a right to remain indefinitely in the country
 
►The NewBuy scheme is only open to those purchasing their principal home 
 
►The NewBuy scheme is not available for shared ownership or shared equity purchases
 
 
NewBuy Guide 

Please click on the image below to download a copy of the NewBuy guide 

Download NewBuy leaflet

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NewBuy  is available on selected Orbit Homes developments now. To find our more about NewBuy please contact Orbit Homes on 02476 437 040 or email homes@orbit.org.uk
 

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