Help to Buy is available for both first-time buyers and existing homeowners on new build homes in England up to the value of £600,000.

Help to Buy is a great opportunity for purchasers to get onto the property ladder for the first time or find a home that better suits their needs and wants.

One of the most popular elements of the Help to Buy scheme is that purchasers only need a 5% cash deposit to buy their new home. The Government will then provide an equity loan of up to 20% of the property value (making up the rest of the deposit) which is interest-free for 5 years. The remaining 75% of the total property cost will come from a mortgage provider.

Help to Buy: Back by HM Government

How it works:

  • Purchasers provide a 5% cash deposit
  • The Government provide an equity loan of up to 20% of the property value.
  • Purchasers then only need to secure up to a 75% mortgage.
  • The Help to Buy equity loan can be repaid at any time within 25 years or on the sale of your home.

For example:

Property Value: £350,000

Deposit required: £17,500 (5% to be provided by the purchaser)

Help to Buy Equity Loan: £70,000 (20% of the property's overall value, provided by the Government)

Mortgage required: £262,500 (the remaining 75% of the property’s value – to be acquired by the purchaser).

The terms of the scheme vary between England and Scotland so please ask our experienced and helpful sales teams in your local area for more information. Alternatively, visit the Help to Buy website for full details of the scheme.


Limited time left

There’s limited time left to purchase a property using the Help to Buy Equity Loan scheme. The Government will be running the scheme until 2023, however, between 2021 and 2023 the scheme will only be available to first-time buyers purchasing newly built homes.


If you would like to find out any further information, please speak to our experienced and helpful sales teams in your local area for more information. Alternatively, you can visit the Help to Buy website for full details of the scheme.

Due to the property prices in London, the Government increased the equity loan upper limit for new home-buyers within Greater London from 20% to 40%.

To find out more visit the London Help to Buy website.

Please note, this scheme is available in England only. For options available in other areas of the United Kingdom, please visit the Scottish Government, Welsh Government and Northern Ireland Housing Executive websites.