Help to Buy Scheme
Buy your new home with just 5% deposit with Help to Buy
Who can benefit from Help to Buy?
Help to Buy is available to both first time buyers and existing home owners alike and means you can buy a new home with a low 5% deposit.
If you’re a first time buyer we know how difficult it is to raise a large deposit to purchase your first home. With Help to Buy you’ll need to save just 5% deposit to get a mortgage, so you could purchase your first home sooner than you thought.
If you’re an existing homeowner, you can use Help to Buy to trade up to a bigger property even if you have limited equity in your current home, because you only need 5% deposit to move.
With the Help to Buy equity loan scheme, you’ll need as little as 5% deposit to buy a new home. The Government will provide an equity loan of up to 20% of the value of your property and you'll need to obtain a 75% mortgage.
With a 75% mortgage, your mortgage repayments could be more affordable if you buy a home using the Help to Buy scheme.
We offer help to buy across England, Scotland* and Wales
*maximum equity loan in Scotland is 15% of the value of your property, 80% mortgage required