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.
