London Help to Buy

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Buying new in Greater London is now even more affordable – and not just for first time buyers – you can now get up to 40% of the price of a new home funded by the government in the form of a 25-year equity loan.

If you have your heart set on a superb new Fairview home or apartment in the capital, and you have a deposit of just 5%, London Help to Buy can help.*

Want to get moving now?

You could get a mortgage of only 55% – just think how affordable those repayments could be. It could be so much cheaper than renting!

HTB Graphics 200pxHelp to Buy is now a well-established and successful scheme which enables purchasers to secure a new home with just a 5% deposit.

Here's how London Help to Buy works:

  • It's the same as the current Help to Buy equity loan scheme - but the government help is 40% instead of the current 20%
  • Available on new homes in London up to £600,000 purchase price
  • There is no age limit
  • You'll need a minimum of 5% deposit. You must have a mortgage of at least 25%
  • Open to UK residents living in the UK (not just first-time buyers)
  • You repay the loan after 25 years or when you sell the home
  • The first 5 years are interest free!
  • After 5 years, you pay 1.75% annual interest, in addition to RPI plus 1%


To find out more, view our video from the gallery or read more from London Help to Buy here


Current and future Fairview Developments in Greater London: Anerley, Hainault, Hampstead, Colindale, Cricklewood, Poplar and Stoke Newington.

Help to Buy Calculator

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Min.
£2.5k
Max.
£30k

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Min.
1%
Max.
10%

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Min.
25 years
years
Max.
35 years

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Min.
Max.

Your results

Your deposit: 5%
Help to buy loan: 40%
Your mortgage: 55%
Purchase price:

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Help to Buy - How does it work

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 and any incentive is strictly subject to utilising the services of a Fairview approved I.F.A. & panel solicitor/licensed conveyancer. With the Help to Buy scheme you can purchase your new home for just 60% 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. Help to Buy is available on selected, limited properties only. No other incentives are available. Arrangement fee required by purchaser. Mortgage illustration is based on a purchase price of £400,000 with a minimum 5% deposit required by the purchaser, a 40% equity loan funded by HCA and a 55% LTV mortgage of £220,000 at 3.89% APR two year fixed rate over a 25 year term, subject to status. Mortgage is indicative only.