Help to Buy

What is Help To Buy?

With Help to Buy, you could buy a brand-new home sooner than you think.

• Only 5% deposit needed.
• The Government lends you up to 40% of the value of the property.
• The loan is interest-free for 5 years, making your dream home more affordable.
• 55% LTV mortgage required

A range of competitive mortgage rates are available with this scheme, so it’s worth comparing lenders to find the best deal. We can introduce you to a Mortgage Adviser who’ll search the market to find you a great deal.

Homes That Qualify

The scheme is available exclusively on new build homes up to the property value of:

• £600,000 in England
• £300,000 in Wales
• £200,000 in Scotland

https://www.gov.uk/government/publications/help-to-buy-equity-loan-buyers-guide/homebuyers-guide-to-the-help-to-buy-equity-loan-2013-to-2021-accessible-version

Homes That Qualify

London Help to Buy equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000.

You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with London Help to Buy.