FirstBuy

 

A fantastic new government-backed scheme making it easier than ever to make your move onto the property ladder. Now available on selected Bloor Homes developments...

Aimed at those who want to buy a new-build property but can’t afford the level of deposit currently required. FirstBuy* is the perfect way of owning your own home at one of our superb developments.

With a 20% top-up equity loan provided by the government and Bloor Homes, first time buyers could take out a mortgage for just 80% of the full property value.

Make the move to a new Bloor Home in just 5 easy steps:

Step 1 - Are you eligible for Firstbuy?

Our Sales Team is on hand to help you work out whether you qualify for FirstBuy*. Should you be eligible, we can then put you in touch with an independent Financial Advisor who can talk you through the mortgage options available.

Step 2 - Make an application

After finding out you are eligible for FirstBuy, you now need actually apply for the scheme. You will receive written confirmation once your application has been approved.

Step 3 - Choose your new Bloor home

Once you have received confirmation that your application has been successfull, you are now free to select and reserve your chosen property. A reservation fee may be required at this stage (please see your Sales Advisor for details)

Step 4 - Approval

The next stage is to receive the authority to proceed with the purchase of your new home. At this point, you will also submit your full mortgage application and instruct your solicitor.

Step 5 - Get ready to move!

Once you have a mortgage offer and all the necessary paperwork is in place, you will be able to proceed to exchange of contracts. All that remains is to make the move into your new Bloor home.

For more detailed information, please click here to view the FirstBuy Buyers Guide...

Alternatively, if you would like to find out more specific information about FirstBuy on one of our participating developments, please call 01530 270100 or email hq@bloorhomes.com

*FirstBuy schemes are only available on selected plots on participating developments, subject to contract, status & eligibility. Full terms and conditions are available from our Sales team. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE