Help to Buy properties in North East England

Our monthly budget search provides a monthly cost estimate for the different ownership options available to you. These range from ‘outright purchase’, ‘part buy part rent’ and ‘rent’ options. As with any property purchase you should seek independent financial advice.

For outright purchase the monthly mortgage cost estimate is based on an interest only mortgage at a 5.95% annual interest rate, over 25 years with a 10% deposit.

For ‘part buy part rent’ the monthly cost is based on an interest only mortgage rate of 5.95% per annum over 25 years with annual interest of 2.75% on the unsold share.

For ‘rent’ the monthly cost is based on the rental from the landlord or Build to Rent organisation who owns the property.

Read our Guides to learn more about the different ways of living in your dream new home.