If you have saved just 5% deposit then you could apply for a 20% equity loan that's interest free for the first 5 years.* What's more, we can help you arrange a competitive 75% loan-to-value mortgage, so your monthly mortgage payments may be much less than you think!
If you have 5% deposit saved and are interested in a new build home but want to make your mortgage repayments more affordable, then Help to Buy is for you.
Find out more about the new London Help To Buy scheme here.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
*Terms and Conditions apply. With the Help to Buy scheme you can purchase your new home for just 80% of the full purchase price. A minimum of 5% deposit is required. The outstanding balance is financed through an equity loan funded by the HCA, which is interest free for the first 5 years. The outstanding balance is paid back as a percentage of the Open Market Value after 25 years or subsequent re-sale, whichever occurs earliest.