Buy your dream home now with only 5% deposit.
The Government backed Help to Buy Equity Loan is available until 2023. Now is a great time to buy your new build home with only a 5% deposit!
How it works
Find your dream home.
You only need a 5% deposit to buy your new home.
The Government will provide an equity loan of up to 20% of the value of your chosen home. This equity loan is interest free for the first 5 years.
You then need to secure up to a 75% mortgage.
The Help to Buy equity loan can be repaid at any time within 25 years or on the sale of your home.
Available on new build homes up to £600,000 in England.
Help to Buy example
|Example property value
|Buyer’s 5% deposit
|Government’s Equity Loan
|75% mortgage from commercial lender
To find out more about buying your new home with a Help to Buy Equity Loan, please refer to the government’s Help to Buy website and also read the Help to Buy Buyer's Guide linked here.