Top up your mortgage with Barratt in Havant

A new initiative launched nationally that helps buyers into home ownership is available at Barratt's stylish Staunton Place development in Havant. MyChoiceHomeBuy, a government supported scheme, is aimed at people with a household income of between £15,000 and £60,000, but have no deposit.

The scheme works with the buyer taking out a regular mortgage from any participating bank or building society.

The remainder of the balance, up to a maximum of 50 per cent, or as little as 15 per cent, is then provided by an equity share loan, provided by the Government through the MyChoiceHomeBuy scheme.

With no deposit to find, buyers are offered an affordable solution into buying their first property, subject to eligibility through a HomeBuy Agent.

A small charge per month of currently 1.75 per cent is payable on the Government loan. The loan is paid back when the home is sold or the buyer has finished paying the mortgage. They can also repay early in one go, or in stages.

Mark Docherty sales director, said: "Because finding a deposit can be difficult, this initiative offers a straightforward and affordable solution into a brand new home."

"Barratt is passionate about helping as many people as possible to buy a property. We have many initiatives, including this one, for first time buyers and key workers. And for those looking to buy who have a property to sell or who want to move up the ladder, we offer a part exchange option, and an agency selling service to help the selling, buying and moving process go as smoothly as possible," Mark added.

Current prices start at just £89,995.

For full MyChoiceHomeBuy terms and conditions please visit the Staunton Place development which is open Thursday - Monday, 11.00am - 6.00pm or see Barratthomes.co.uk.