Call our sales team on 01424 772000 or Register your interest
You will not be charged loan fees on the 20% loan for the first five years of owning your home.
The loan is paid back either at the end of the mortgage term, or when the property is sold.
We recommend that you read the full Help to Buy – Buyers Guide, produced by the government’s Homes and Communities Agency.
The scheme is open to both first time buyers and existing home owners.
There is no maximum household income.
You can purchase a property with a maximum value of £600,000.
You will need a minimum 5% deposit to qualify.
Help to Buy equity loan scheme, offered by the Homes and Communities Agency, means you can move with just a 5% deposit and is available for both first time buyers and existing home owners. Find out more here.
Government lends you up to 20% of the cost of your new-build home, so that you’ll only need a 5% cash deposit and 75% mortgage to make up the rest.
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| You would take out a mortgage for 75% | £150,000 |
| You would pay a 5% cash deposit | £10,000 |
| The Government would provide an equity loan for the remaining 20% | £40,000 |
| £200,000 |
You will not be charged loan fees on the 20% loan for the first five years of owning your home.
The loan is paid back either at the end of the mortgage term, or when the property is sold.
We recommend that you read the full Help to Buy - Buyers Guide, produced by the government's Homes and Communities Agency.
The scheme is open to both first time buyers and existing home owners.
There is no maximum household income.
You can purchase a property with a maximum value of £600,000.
You will need a minimum of 5% deposit to qualify.
Visit www.helptobuy.gov.uk
