The government Help to Buy scheme offers a fantastic opportunity to buy your new home with as little as a 5% deposit. It's a great scheme for first-time buyers and those struggling to get a larger deposit together.
How does it work?
With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
Great for first-time buyers
Help to Buy is available on brand new homes under £300,000 in England and Wales. Take a look at the Help to Buy website to find out more.
Contact the team if you're looking for more information.