Who is eligible for Help to Buy?

The Help to Buy Equity Loan scheme is available to First Time Buyers as well as home movers, however, the property you buy through the scheme must be a newly built property and cannot be worth more than £600,000.

Another crucial piece of criteria for the scheme is that you must not own any other property at the time you purchase your new home through Help to Buy, which means if you're selling your current property to buy a new one, the sale of your home must be completed before you complete the purchase of your Help to Buy home.

It's important to note that the Help to Buy Equity Loan is only available in England, similar schemes are also run across the UK.