In Scotland Help to Buy only applies to those who are buying a new build home from participating home builders up to the value of £250,000. Participating lenders are likely to require you to have a deposit of 5% of the property price. The Scottish Government will help eligible buyers by taking an equity stake of up to 20% of the purchase price.
Help to Buy – Wales is a shared equity loan scheme designed to help first time buyers and existing home owners in Wales purchase a new-build home up to a value of £300,000, with as little as a 5% deposit. The Welsh Government will fund a shared equity loan for up to 20% of the purchase price.
Terms and conditions apply to all Help to Buy schemes.
Still not clear on how Help to Buy works? Not sure if it’s right for you?
We’re ready to explain the mortgage schemes in an easily understood, straightforward way.
At the same time you’ll benefit from our helpful financial services.
Find out more about Help to Buy from one of our Financial Consultants by calling free on 0800 056 4508^, or book a mortgage appointment online.
Buying a house could be your biggest investment and rather stressful, here's a short guide to help.Read the guide
A useful collection of common words and phrases you will come across when buying a house.VIEW GLOSSARY
Useful Frequently Asked Questions to help guide you through buying a property.READ OUR FAQS