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Help To Buy

A government scheme to help first time buyers purchase a new-build home

About Help to Buy

Backed by the Government, this shared equity scheme will allow you to secure your new home by way of a low deposit and a 20% equity loan from the Government.

Terms & Conditions apply see

With Help to Buy equity loan the Government lends you up to 20% of the cost of your new-build home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

  • Available for first time buyers only
  • The Help to Buy equity loan is interest free for the first 5 years
  • Maximum House purchase price is £261,900.00
  • Help to Buy is not available in conjunction with our Part Exchange scheme
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How does it work?

The equity loan, the deposit you have saved, and your repayment mortgage cover the total cost of buying your newly built home.

The percentage you borrow is based on the market value of your home when you buy it.

You do not pay interest on the equity loan for the first 5 years. You start to pay interest in year 6, on the equity loan amount you borrowed.

The equity loan payments are interest only, so you do not reduce the amount you owe.

You can repay all or part of your equity loan at any time. A part payment must be at least 10% of what your home is worth at the time of repayment.

Terms & Conditions apply see