CPM build homes on which 'Help to Buy' is available. The 'Help to Buy' scheme is a government funded scheme whereby prospective home owners get a government loan of up to 20% towards the cost of a new home. They then have to find a 5% cash deposit and borrow 75% in the traditional way through a mortgage provider.
This scheme is available on all new build properties up to the value of £600,000 and is open to first time buyers as well as those looking to move. The only proviso is that the loan must be for a new build property such as the homes built by CPM. No loan fees are charged on the government funded portion of the loan for the first five years. The scheme is administered by government appointed agents.
CPM homes are proud to participate in the 'Help to Buy' scheme - helping more people achieve their dream of owning their own home.