Legal & General Affordable Homes: 5% deposit boost this Black Friday
Shared Ownership homes in Croydon, Enfield, Hounslow and Tower Hamlets
When you’re looking to buy a home, one of the first things you need to think about is saving up for a deposit which is a lump sum of money that you pay towards the cost of a property. The amount you save up for your deposit is important in the home buying process as it will be one of the factors used to determine your mortgage.
So… after saving up as much as you can and budgeting wherever possible, wouldn’t an extra boost to your deposit be much appreciated this Black Friday? Your inbox will be bombarded with emails and giveaways over the next few days but you can take advantage of a deal you actually want with our Deposit Boost to help you get on the property ladder in no time.
Legal & General Affordable Homes is offering up to an extra 5% deposit contribution if you reserve a new home at Leon House, Trent Park, Hampton Tower at SQP, or The Moorings before the end of November… ca ching!
Terms and Conditions apply*.
The Deposit Boost can help you move into your new Shared Ownership home with a larger deposit than expected, meaning you can borrow less from a lender and have access to more competitive mortgage rates. For example, if you had already saved a 10% deposit, the Deposit Boost will add up to another 5%, giving you a final total of a 15% deposit.
Having a larger deposit could also make your monthly outgoings lower, saving you more money per month or allowing you to staircase quicker than if you only had a 10% deposit.
Want to find out more about Shared Ownership and the home buying process? Check out our Help & Advice page including more about the home buying process, Affordability Calculator and Jargon Buster on landgah.com.
Interested in our City House scheme in Winchmore Hill, Enfield, London? We’re running a legal fee contribution across all homes at this location. You’ll receive £500 towards your legal fees and have the knowledge and experience of our friendly Sales Consultants with you every step of the way.
Legal & General Affordable Homes provides an array of affordable, top quality, modern apartments and houses across England, all of which are available to purchase with Shared Ownership. Start your search by viewing our dedicated London property page.
*Terms and conditions: For all Leon House, The Moorings, Trent Park, and SQP plots reserved before 1st December 2021. Subject to lender approval. This offer is available at the sole discretion of LGAH. LGAH withhold the right to withdraw or alter this offer at any time prior to the payment of the reservation fee. Your purchase must complete by 31st January 2022. This offer is not available in conjunction with any other offer. This incentive is not available to employees of Legal & General or any person connected or related to such an employee, Legal & General agents or any person connected professionally with this incentive or acting in a business capacity on behalf of Legal & General Affordable Homes.
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.