Help to Buy is a government scheme to help first-time buyers buy a property. It’s now closed in England and Scotland, but still available in Wales. Find out more about the scheme, other options and how to manage your equity loan.
If you bought your home with a Help to Buy: Equity Loan. You’ll need to: pay interest on your equity loan; pay a management fee; repay your loan
Help to Buy and affordable home ownership schemes to help first-time buyers and home movers - equity loan, ISA, shared ownership.
How to manage or make changes to your equity loan, including how to repay or remortgage, sublet, alter or change ownership of your Help to Buy home.
It will help you to understand what is involved in taking out an equity loan, how it works and how to apply. Information in this guide is about how the Help to Buy: Equity Loan scheme (Help...
The Government's Help to Buy Equity Loan scheme is designed to help those struggling to save for a deposit for a home to get on to the housing ladder in England, by giving a loan worth up to 20% of the property value (40% in London), which is interest-free for the first five years.
Help to Buy: the basics. The Help to Buy equity loan scheme allows buyers to purchase a new-build home with a 5% deposit plus an equity loan from the government and a mortgage for the remaining balance. The size of the loan varies depending on where you live.
A government scheme to help eligible council tenants in England buy their rented home with a discount of up to £87,200 (£116,200 in London).
Information in this guide is about how the Help to Buy: Equity Loan scheme (Help to Buy) works for homebuyers in England. Separate schemes are available in Wales and Scotland.
Help to Buy is a government scheme that helps first-time buyers step onto the property ladder. The scheme is open in Wales until 31 March 2025, but it has closed to new applicants in the rest of the UK. There are other schemes that can help you buy a home if you missed out on Help to Buy.