Help to Buy equity loan scheme means you can move with just a 5% deposit and is available for both first time buyers and existing home owners.
- The Government provides an equity loan of up to 20% of the value of your property which is interest free for 5 years
- The Help to Buy equity loan can be repaid at any time or on the sale of your home
- You then need to secure up to a 75% mortgage (there is a range of competitive mortgage rates available with this scheme, so you can find something to suit your budget)
- Available exclusively on new build homes up to £600,000 in England, £300,000 in Wales and £200,000 in Scotland