What is Help to Buy?
The government-backed Help to Buy: Equity Loan applications have now closed. With Shared Ownership still available, you still have a more affordable option to own your dream home.
If you’re a first-time buyer, we have some great news. Help to Buy means your dream home is closer than you think. But what is it?
It is designed to help first-time buyers purchase a newly-built home. Under this scheme, all you need is a 5% deposit and you can borrow 20% of the purchase price interest-free for the first five years*. With Help to Buy Equity Loan ending on 31st March 2023, make sure to reserve your new home by 31st October 2022 and only choose a home which will be built and ready to live in by 31st December 2022, to give your solicitors enough time to legally complete by the end of March 2023. Visit our Help to Buy blog to learn more about the scheme.
Help-to-Buy offers a number of options to get you moving: