WHAT IS HELP-TO-BUY

The Help to Buy equity loan scheme is a Government-backed scheme that helps you buy a brand new home. This is available for all prospective home owners who are either a first time buyer or an existing home owner. Only 5% deposit is required to purchase any Help-to-Buy home up to the value of £600,000. The Government will lend you up to 40% of the value of a property in London.

HOW IT WORKS

Help to Buy is available to all first time buyers and existing homeowners.

• Only need a minimum of 5% deposit to use the scheme. 
  
• The Government will lend you up to 40% of the value of your property for London homes.
  
• The loan can be repaid at anytime or when you sell your home. 
  
• Only need to secure up to a 55% mortgage for a London Home 
  
• Only available on newly created homes
  
• A maximum home purchase of £600,000