Help to Buy is a Government scheme that helps buyers who have a deposit of at least 5% to buy a new home up to the value of £600,000. The government will lend you up to 20% of the value of your new home via an equity loan, so that you only need to secure a 75% mortgage. This equity loan is interest free for five years and you can pay it back at any time or upon the sale of your home.
For more information about Help to Buy please see the Help to buy FAQs, the Homes England Help to Buy – buyer’s guide or, for the North West visit: www.helptobuyagent1.org.uk and for the Midlands www.helptobuyagent2.org.uk
Our Sales Co-ordinators are also on hand to answer any questions. Contact us