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Stortford Fields

Stortford Fields, Bishop's Stortford, CM23 2LD

Stortford Fields

Stortford Fields is a development of large beautiful family homes. Neatly tucked away in the heart of the historic market town of Bishop’s Stortford. Located just west of the M11, the town has easy access to commuter links via road and rail, with the local railway station offering direct services into London. Local schools and the array of modern amenities, as well as independent and high street stores in the town centre make Stortford Fields an enviable location, ideal for growing families as well as young professionals.
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Development features

  • Four Bedrooms
  • Open-plan Kitchen/ Dining Area
  • Separate Living Room
  • Utility Room
  • Cloakroom And Storage Cupboard
  • 10 Year NHBC Buildmark Warranty

0 available property for sale

5 properties available

Prices from £482,500

Stortford Fields is a development of large beautiful family homes. Neatly tucked away in the heart of the historic market town of Bishop’s Stortford. Located just west of the M11, the town has easy access to commuter links via road and rail, with the local railway station offering direct services into London. Local schools and the array of modern amenities, as well as independent and high street stores in the town centre make Stortford Fields an enviable location, ideal for growing families as well as young professionals.

Register your interest in Stortford Fields

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Available plots

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Register your interest in Stortford Fields

We will get back to you to book your viewing and answer any questions

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Help to Buy: Equity Loan

Help to buy logo

Help to Buy: Equity Loan (2021-2023)

Help to Buy is a government scheme designed to help first time buyers who have never owned a property before to advance up the property ladder.

Who is eligible?

Help to Buy: Equity Loan (2021-2023) are available to first time buyers. The home you want to buy must be newly built with a price of up to £407,400 for the East of England (see the Help to Buy site for more regional caps)

How does it work?

With a Help to Buy equity loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You must buy your home from a homebuilder registered for Help to Buy: Equity Loan.

The amount you pay for a home depends on where in England you buy it.

When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary.

HTB Equity loan house infographic

Help to Buy Equity Loan example

For a property worth £400,000 Amount Percentage
Cash deposit £20,000 5%
Equity loan £80,000 20%
Your mortgage £300,000 75%

How do I pay back the Help to Buy equity loan?

You must pay back the loan after 25 years or when you sell your home - whichever comes first.

You will not be charged any interest on the 20% loan for the first five years of owning your home.

However a management fee of £1 a month will be applicable from the date of purchase for the duration of the equity loan.

From year six, a fee of 1.75% is payable on the equity loan, which rises annually by CPI (Consumer Price Index) inflation plus 2%.

For full information about the scheme, please visit helptobuy.gov.uk

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Borrowing £587,700 and repaying over 25 years with a 2.5% interest rate.

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