Buy your new Bell Home with up to 100% finance available!
You will be able to buy a new quality Bell Home and receive up to 100% funding with your family's help.
- Family member loan scheme
- Up to 20% family funded, on top of your mortgage
- The cheapest and only unsecured top-up loan available for new build homes
Scheme available for Bell Homes developments at The Wimberries, Pike House, Sheens Meadow, Valewood Gate and Bishops Meadow.
NEW for 2011, home buyers will be able to purchase a Bell Home with 100% funding with help from their family member. The family member loan scheme accounts for up to 20% funding of the property, on top of the home buyer's mortgage. This scheme from Bell Homes is the cheapest and only unsecured top-up loan of its kind for the new build home market.
Only too aware of the current purchase obstacles home buyers are faced with, Bell are excited about the opportunities the scheme will bring for those seeking quality new build homes in the Gloucestershire, Forest of Dean or South Wales areas. With recent press coverage of the average age of first time buyers being in their thirties (some of whom still live with parents), it is believed that the scheme will appeal to first time buyers and their parents, in addition to home buyers with young families.
Bell Homes anticipate huge demand for the loan scheme which will be launched as of January 2011, with a limited number of loans available. For further details, please email us or call 0845 880 0922.
The minimum loan is £10,000 and maximum loan is £50,000. It is a fixed term loan of 12 years.
The fixed interest rate is 5.4% (typical APR)
TYPICAL EXAMPLE
Loan amount £10,000, no deposit, total loan amount £10,000. 144 monthly payments of £96.15. Total amount repayable £13,846.19†. Total charge for credit £3,846.19*
Visit Artab Capital for more examples.
Typical 5.40%APR. Overpayments can be made at any time during the term of the loan; the payments will be applied to the outstanding loan amount, reducing the outstanding term of the loan.
† The total interest paid calculation assumes no overpayments are made and the loan term is 12 years
* Please note, this is for illustration purposes only and in no way constitutes a formal offer to lend.
