Sherbourne

Help to Buy

With the Government backed Help to Buy scheme you can move in to a new Redrow home with as little as a 5% deposit. 

The 'Help to Buy Equity Loan' is available to first time buyers as well as existing homeowners and works in the following way:

Help to Buy Equity Loan

• Only available on new build homes.
• The Government will lend you up to 20% of the value of your new property through an equity loan which is interest free for 5 years
• This means that only a 75% mortgage will need to be secured from a bank or building society.
• In England, this scheme is available on house purchases up to the value of £600,000.

Next Steps

Whether you can picture your perfect home or keeping your options open – searching for a new home is an exciting time. Why not sign in or join My Redrow to book an appointment online, or speak with one of our friendly sales consultants to discuss your requirements today!

Help to Buy is a Government backed initiative in partnership with housebuilders. Help to Buy cannot be used in conjunction with any other scheme. It is highly advised, for a swift, smooth transaction that an IFA/Solicitor advised by Redrow Homes is used. Offer cannot be used in conjunction with any other Redrow offer. Help to Buy is only available within England. Subject to availability, on selected plots only

Mastermove

From old to new in 3 easy steps – and help
towards estate agents' fees

What is Mastermove?

Mastermove is a great way to make moving home simpler. It enables you to buy a brand new Redrow home, while we take care of selling your current property for you; even helping out with a contribution towards your estate agent's fees. With Mastermove, we'll arrange the valuations, appoint an estate agent to conduct your home's marketing activity and take the paperwork off your hands too.

Who is it for?

For all homeowners looking for a hassle free way to sell their home. Unlike Part Exchange, Mastermove covers any home, whether it's a flat, maisonette or ex-council house, whatever the value relative to the price of your new Redrow home. So whether you want to move up, downsize or even step sideways, Mastermove could be the best move you could make.

How does it work?

Mastermove helps you move into your brand new Redrow home in three simple steps: 

• Step 1 - Find your Redrow home and register on Mastermove. 
• Step 2 - We arrange 3 valuations and agree a price that will sell your house fast. We then instruct up to 3 of our approved estate agents to vigorously market your property and we’ll also agree how much we pay towards your estate agent’s fees.
• Step 3 - With your old house sold, you can buy your brand new Redrow home and move in as soon as it’s ready.

What should I do next?

For an easier way to move, talk to a Redrow Sales Consultant today about how Mastermove can help get you moving.

The contribution towards *estate agent's' fees will vary depending on the property being purchased. Please liaise with our Sales Consultants for full details. Please note, if having sold your property through Mastermove, you decide for any reason you no longer wish to proceed with the purchase of the Redrow home, then you become responsible for the estate agent's fees and costs. If a customer completes on their related sale prior to the completion of their Redrow home they must pay the estate agent fees in full and the Redrow fee contribution will be reimbursed upon legal completion. Subject to build stage.

What is Advantage?

Advantage gives you access to our selection of perpetuity plots. In order to make the most of it, you'll need to meet certain criteria, such as being a first time buyer, and be able to demonstrate a specific need for the home you'd like to buy. This might be a growing family or a need to be in the local area for a new job.

If you qualify, you could receive a sizeable discount on the Redrow home you'd like to purchase.

Who can use it?

If you're a first time buyer, and you're currently renting or perhaps living with parents, and have struggled to get on the property ladder, get in touch about our Advantage offer.

What's a perpetuity plot?

A Redrow home that's on a perpetuity plot is one that's designed to remain affordable throughout the lifetime of the house. This means that once you've purchased it with the Advantage discount, the only requirement is that when you come to sell the property, you pass on this discount to a buyer in a similar position to the one you were in when you bought it.

This arrangement ensures the house remains an affordable one to families or young professionals, helping first time buyers get on the property ladder. A home that's in a perpetuity plot may be in an area that you may not have considered due to it being out of your price range.

The aim of the scheme is to provide a discount to buyers that are really in need of the home, but couldn't otherwise afford it.