MCD Developments Ltd
First Time Buyer, Key Worker, or relationship breakdown? Any of these circumstances may qualify you for up to 50% purchase assistance under the superb HomebuyIncentive schemes.
We are proud to offer a selection of luxury city centre apartments under the Government's Home Buy incentive scheme. Built to the highest specification in a key landmark building close to Birmingham City centre, this is an opportunity not to be missed.
0121 265 2033
Prices from £119,900 to £163,500
How does it work?
You buy a brand new home with a mortgage for a minimum of 50% of the market value of the property. The government then provides a shared equity loan to help you to buy up to the full purchase price. There are no interest charges for the first three years. After three years there is a fee of 1%, rising to a maximum of 3% after five years in the property.
What are my options after buying through First Time Buyers' Initiative?
You can buy additional shares at a later date until you own 100%. The cost of these is calculated on the current market value at the time that the additional shares are purchased.
If you wish to sell your property, the equity loan is repaid as a percentage of the market value at the time of sale.
*Download brochure
*Download buyers guide
*Contact us
*Or call 0121 265 2033
History of Brindley House
