London Home Show Sponsors: Meet FABRICA
Pride in every detail – first time home buying with FABRICA
Buying your first home can be a stressful process, particularly when trying find the right balance between location, size, specification and cost, but you don’t need to compromise when buying with FABRICA.
From apartments of striking urban architecture to houses with a more rural intimate charm, every FABRICA development reflects our dedication to high-quality, sustainable living and exceptional customer service.
The Help to Buy scheme assists first time buyers with getting on the property ladder, but you need to act fast as the scheme ends on March 31st 2023. A minimum 5% deposit is required, along with a 75% mortgage (or 55% in London). The remaining 20% (40% in London) is an equity loan from the government that is interest free for the first five years. The scheme applies only to new build homes and has a price cap of £600,000 in London and £437,600 in the South East.
Shared Ownership allows first time buyers to take out a mortgage on a property for a percentage of the purchase price and pay rent on the rest. It’s available to UK residents with a household income below £90,000 in London, and £80,000 outside of London. You will need to purchase a minimum percentage between 25% and 75% (T&Cs apply) of the property value. Your deposit however only needs to be 5-10% of the share you are buying, not of the full market value. Rent is only paid on the remaining value of the property, making this a very affordable solution to getting on the property ladder.
FABRICA provides support and guidance throughout the buying process, enabling you to have an enjoyable home buying experience.
Visit FABRICA at stand 12 during the London Home Show on Saturday 8th October 2022 to meet the sales team – visit fabrica.co.uk.
Attend the London Home Show
Tickets for the London Home Show are free, but visitors must register in advance to attend. For more information, or to reserve your place at the capital’s no.1 first time buyer event, please visit the Eventbrite page.
Share to Buy is a one stop shop for affordable homes. On our website, you can search for properties, compare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy via our FAQs and guides.