Helping essential key workers get on the housing ladder. Scheme extended to all those professionals who are classed as key workers under the Covid-19 outbreak, plus those who have offered their services as an NHS volunteer.
At Bovis Homes we understand the time pressures that people who work in essential professions face. The Key Worker Scheme has been designed to minimise the potential financial outlay of buying a new home as well as the hassle and hidden costs that go along with it.
This tailored package includes:
Purchasers of new build homes also have access to schemes that require as little as 5% deposit such as Help to Buy the equity loan scheme where the Government could loan you up to 20% of the property value to help get you moving!
Find out how the Help to Buy equity loan scheme can help you buy your dream home with just a 5% deposit. This explains how the scheme works with financial examples, along with details on the buying process.
Take a look at our handy Help to Buy mortgage calculator to work out your maximum purchase price, mortgage required, and estimated monthly repayments based on the deposit you have available.
As well as the public sector professions previously eligible for the scheme, including NHS, Police, Education, Fire service, MoD plus many others, throughout 2020 we are extending our key worker scheme to include ALL those professionals who are classed as key workers under the Covid-19 outbreak. Not only this but if you've also offered your services as an NHS volunteer during this challenging time then we want you to benefit from this scheme too.
You must be employed by one of these government bodies at the time of buying your new home and be able to provide 3 months worth of pay slips that clearly state that you work in one of these services, or provide your NHS volunteer (GoodSAM responder) confirmation email.
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The Help to Buy Equity Loan scheme has specific terms and conditions and is subject to affordability criteria as prescribed by the homes and communities agency. Subject to specific mortgage lender conditions and qualifications. Not to be used in conjunction with another purchase assistance scheme. For further information please contact our sales advisors, or visit bovishomes.co.uk/help-to-buy to view a detailed buyer’s guide.
The use of the Key Worker Scheme and other supporting schemes need to be stated at time of reservation.
To qualify for The Key Worker discount individuals need to be currently employed by one of these Government bodies listed above. Payslips must be from the three months prior to reservation.
Identification/proof of trained status will be required to validate qualification for the scheme.
The Key Worker Scheme cannot be used in conjunction with any other promotions/offers other than the ones stated within this leaflet.
We recommend that all purchasers seek independent professional legal and mortgage advice.
Bovis Homes specify the flooring provided as part of this scheme and only provide flooring up to the value of £3,000.
Available on released homes on selected developments – please contact the development sales advisor for further information.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.