Plan C is a family-run building and design company based in Muswell Hill, North London. At the helm are twin brothers – Pierre and Christian Carboni – who decided to sign up their latest development of three new builds in Bounds Green London N11 to the Equity Loan Scheme under the Help to Buy umbrella.
The London scheme reflects the current local property prices and offers 20% - 40% for buyers in all boroughs. You can put down as little as 5% deposit on a newly built home and then get a Government Equity Loan for up to 40% of the purchase price. In addition, you are not charged loan fees on the 40% loan for the first five years of owning your home.
With all three of the Carboni’s new builds being under the £600,000 cut off, the firm has seen a flood of interest in the properties.
Nick Charalambous from Winkworth, who sold the properties, states: “Our advice would be to any potential developers who are planning a new build scheme, to consider joining the help to buy scheme.
“It opens your property up to a wider net and enables you to rapidly accelerate your sales process through to fruition.”
London Help to Buy Equity Loans are available to first time buyers as well as homeowners looking to move.
Talking about the scheme, Pierre Carboni commented: “There is a certain amount of paperwork to be undertaken to sign up a property to the Help to Buy scheme but the benefits are clear for developers.
“In a declining market the houses have sold quickly. Coupled with our exacting standards and level of finish, including them in the Help to Buy scheme has made them highly desirable. It’s very satisfying to know that we have helped three new homeowners turn their housing dreams into reality.”
Plan C provide a seamless and flexible service whether you are looking to build from the ground up, restyle an existing space or build on to create something totally new and exclusive.
They are skilled at opening up spaces, making interiors work harder, and often altering the property’s internal flow. They work in tandem with architects, hand-picked craftsmen, landscape gardeners and interior designs to ensure a superior level of finish on projects both big and small.