Mortgage Contribution
Affordability Matters
The process of buying a home is often a daunting one, marked by a myriad of financial considerations. From down payments to mortgages, the financial aspect of purchasing a property can be overwhelming. Higgins Homes recognises this challenge and is stepping up to help alleviate the burden. This incentive reduces the financial strain, and contributes to making homeownership a reality for a wider range of potential buyers.
How does it work?
On select plots, Higgins Homes offers contributions toward your mortgage payments for a set introductory period. For example, promotions can include subsidies of up to £2,000 per month for the first 12 months, significantly reducing your initial financial burden.
Your Mortgage contribution amount will be deducted from your final settlement figure due on completion day, and then will be available to be paid to you by your solicitor.
Discover how much you could borrow
Use our simple mortgage calculator below to get an indication of how much you could borrow based on your income.
If you've already started looking for a property, you can enter a property value and deposit amount into the calculator, and we'll show you your Loan to Value (LTV) ratio. This will allow you to check the rates that are available to you from lenders.
If haven't found a property yet, just enter your gross annual income (yearly income before tax) and we’ll show you the maximum amount you may be able to borrow based on your income alone.
Please note that the figures provided by the calculator do not take account of your individual circumstances, household expenditure, credit history or the condition of the property you want to buy.
Available on this development
**Mortgage contribution offer is available on selected plots and developments only. Cannot exceed 5% of the property purchase price nor be used in conjunction with any other offer, scheme or discount and conditional on paying full asking price unless otherwise stated. Please contact one of our sales consultants for details of which homes are covered, the amount of the deposit contribution and for further details. Purchaser will still be required to provide at least 10% deposit (subject to lender criteria).Purchaser’s taking advantage of this offer must claim at the time of reserving a property from us and it must be recorded on the Reservation Form. Subject to individual lender terms and conditions. Mortgage contribution will be credited on completion statement. Deposit contribution cannot be exchanged for cash. Offer may be withdrawn at any time without prior notice.