Help to Buy

As a first time buyer, with Help to Buy, you can buy a new home with just 5% deposit.

Who can benefit from Help to Buy?

Help to Buy is available to first time buyers and means you can buy a new home with a low 5% deposit.

If you’re a first time buyer we know how difficult it is to raise a large deposit to purchase your first home. With Help to Buy you’ll need to save just 5% deposit to get a mortgage, so you could purchase your first home sooner than you thought.

How does Help to Buy work?

The Help to Buy equity loan is exclusively available on new build properties with a price tag of up to £437,500*. The equity loan could reduce your mortgage repayments, making this an affordable option.

The Government will provide an equity loan of up to 20% of the value of your property and you’ll need to obtain a 75% mortgage.

With a 75% mortgage, your mortgage repayments could be more affordable if you buy a home using the Help to Buy scheme.

With the Help to Buy equity loan scheme:

For more details about Help to Buy, click here to visit the official Help to Buy website.

*Purchase price caps are dependent on location. The figure stated in the above text is what is applicable to our current locations.