The Help to Buy Scheme Explained

Need a more affordable way to get onto the housing ladder?

We can help.


Want to get onto the housing ladder or make that next move, but struggling to get enough finances together? We can help you make it happen with a Help to Buy: Equity Loan.

Help to Buy is a government initiative that’s helping first-time buyers and those moving home buy a brand-new home with just a 5% deposit. As long as the property you want to buy is a new-build home valued at less than £600,000, you could qualify for the scheme.


Save money and keep your monthly repayments low.

In England and Wales, the government will lend you up to 20% of the value of your new home, 40% if you live in Greater London and 15% if you live in Scotland. You’ll then need a mortgage to fund the remainder, i.e. 75% if you’re buying in London with a 5% deposit. The great news is that you won’t pay any loan fees on your government loan for the first five years of owning your own home.

If the Help to Buy: Equity Loan scheme sounds like an option for you, we can help with all the expert advice you need and access to the most competitive Help to Buy mortgages on the market to save you money and keep your repayments low. We’ll talk you through our lenders’ criteria and find the right product for you so you can start looking for your perfect home with absolute confidence and peace of mind.

If you want to know more about how Help to Buy mortgages work, read our expert guides.


Your Answers

Great, professional service from Kevin, thank you! Everyone we dealt with was professional, knowledgeable and friendly. Elle in particular was really helpful and has struck the perfect balance between being proactive without being pushy. Thank you for your help!

Lia H

February 2020

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