‘Help to Own’ at The Marches provides the opportunity for local people to get on the property ladder without a deposit and ultimately buy their home for £1 on expiry of their lease.
Find your perfect home on our beautiful new-build development at The Marches and enter into a 20-year tenancy agreement. Decorate the home to make it feel like yours and maintain it like a homeowner would.
You don’t need a deposit to sign up and the only upfront cost is a £1,000 application fee. Applicants will also need to pay a Solicitor to register the tenancy at the Land Registry, which the team will be able assist with this if you wish. A small stamp duty payment may be payable for a minority of applicants.
At the end of 20 years, you’ll have with the option for a further tenancy of five years on payment of the balance in your Loyalty Premium. This allows you to buy your home at the end of the five years for the cost of £1.
You can leave at any time by giving three months’ notice. There are also options to move to another Help to Own property (subject to availability).
For more details and to register your interest visit: help-to-own.com
Download the Help to Own guide.
The Help to Own scheme is managed by Frontier Development Capital Ltd (FDC)