Help to Buy Mortgages

Expert advice on government backed mortgage schemes, buy your home with just 5% deposit and a Help to Buy mortgage.

Help to Buy

Help to Buy is a government backed scheme which provides support to first time buyers and home movers who are looking to purchase a property with a smaller deposit. The scheme is open to residents of England and assists borrowers in obtaining mortgages up to 95% loan to value ratio. The average purchase price on properties for this scheme is around £220,000 but properties up to the value of £600,000 are eligible.

Help to Buy Equity Loan

Your Deposit

The Help to Buy scheme requires you to contribute a minimum deposit of 5% of the purchase price towards your new home.

Help to Buy Loan

The Help to Buy scheme will then loan you a further 20% of the purchase price for your home, taking your total deposit up to 25%.

Mortgage Loan

You will then receive a 75% loan to value mortgage from one of the lenders participating in the scheme, completing the finance of your purchase.

Who's Eligible?

The equity loan scheme is available to first time buyers and home movers in England, UK. The property you are purchasing must be a new build and can be worth up to £600,000. You aren't able to let the property out nor can you own any property anywhere in the world at the time your new home is purchased.

Is it right for you?

The Help to Buy scheme can be a great way to get on to or move up the property ladder without a substantial deposit. It's important to carefully consider and assess your situation before proceeding with any financial commitment, our advisers will do exactly that and explain each of your potential options in full, outlining all risks and benefits along the way, get in touch with us and find out what is best for you.