Help To Buy

Help to Buy is a government scheme to help first-time buyers get a property with just a 5% deposit. You can borrow 20% of the purchase price (40% in London), interest free for five years from the Government. This scheme opens to new applications from 16 December 2020 and will run until 31 March 2023. Payments can be made to the Government in the first 5 years, interest free, to reduce your equity loan. After the 5th year, you will pay a monthly payment at a rate of 1.75% - this will be separate from your Help to Buy mortgage payment.

The Help to Buy scheme offers an equity loan where the government lends first-time buyers in England money to buy a newly-built home. This must be used to buy your main residence and can’t be used to buy a second home or a buy-to-let property.

We can arrange the mortgage via our qualified affiliated companies.