Help to Buy
Buying a home just got easier…
Purchase your dream home with as little as 5% deposit.
The Government’s Help to Buy scheme aims to help buyers make their steps either on to, or up, the property ladder and Help to Buy is available to all homebuyers, not just first time buyers.
Here are some need-to-know facts to help you understand how it could help you:
- This initiative is available to all home buyers, not just first time buyers.
- You only need a 5% deposit to qualify
- You will only need to secure up to a 75% mortgage
- The Government will lend up to 20% of the property value for 25 years (interest free for the first five years)
- The loan can be repaid at any time up to, or on the sale of your home
- There is a maximum home purchase price of £600,000
- Help to Buy isn’t available if you wish to sub-let your home