Help to Buy

Help to Buy – Get on the Property Ladder with Government Support

The Help to Buy scheme is designed to assist first-time buyers in purchasing a new-build home with a smaller deposit. If you’re struggling to save for a deposit or need a boost to secure your dream home, our expert mortgage advisers can guide you through the process.

What is Help to Buy?

Help to Buy is a government-backed scheme that allows first-time buyers to purchase a new-build home with just a 5% deposit. The government provides an equity loan to make homeownership more accessible.

How Does It Work?

• You need a minimum 5% deposit.

• The government provides an equity loan of up to 20% of the property’s value (40% in London).

• You secure a 75% mortgage from a lender (55% in London).

• The equity loan is interest-free for the first 5 years.

Who is Eligible for Help to Buy?

• You must be a first-time buyer.

• The property must be a new-build home from a registered developer.

• The home must be within the regional price cap set by the government.

• You cannot own any other property at the time of purchase.

Benefits of Help to Buy

• Smaller deposit required – Get on the property ladder with just 5%.

• Interest-free loan for 5 years – Reduce your mortgage payments initially.

• More affordable monthly repayments – A smaller mortgage means lower costs.

• Greater property choices – Increase your budget with government support.

Key Considerations

• The government loan must be repaid after 25 years or when you sell the property.

• Interest charges apply after the interest-free period.

• The scheme applies only to new-build homes from participating developers.

• Regional price caps limit the maximum purchase price.

Why Choose Us?

• Expert Help to Buy guidance – We help you understand the scheme and eligibility requirements.

• Whole-of-market mortgage advice – We find the best mortgage deals tailored to your situation.

• Seamless application support – We handle the paperwork and liaise with lenders.

• Personalised advice – Every buyer is different; we ensure you get the right mortgage for your needs.

Get Started Today

Take advantage of the Help to Buy scheme and make homeownership a reality. Contact us today for expert mortgage advice and a free consultation.