Help to buy

Help to Buy is a government-backed scheme that helps you move into one of our homes with as little as 5% deposit.

There are two ways to buy a new home with 5% deposit using the Help to Buy scheme, whether you’re a first time buyer or an existing homeowner who’s looking to move up the property ladder.

The ‘Help to Buy Equity Loan’ and ‘Help to Buy Mortgage Guarantee’ are available to everyone. Visit https://www.helptobuy.gov.uk/ and download the ‘Help To Buy Buyers Guide’ for full  details and terms and conditions.

Help to Buy Equity Loan Scheme

The equity loan could reduce your mortgage repayments, making purchasing one of our new homes, an affordable option.

If you’re a first time buyer, you could buy your first home sooner than you thought.

With the Help to Buy equity loan scheme:

• You’ll only need a 5% deposit
• You may only need to secure up to a 75% mortgage
• The Government will lend you up to 20% of the value of your new home via an interest free equity loan for 5 years
• Available on new build homes up to the value of £600,000
• The Help to Buy equity loan can be repaid at any time or on the sale of your home
• The scheme is available on all of our homes

Help to Buy mortgage guarantee scheme

If you’re an existing homeowner, you can use Help to Buy to trade up to a bigger property, even if you have limited equity in your existing home.

The government provides your mortgage lender with a guarantee of up to 15% of the property’s value, meaning that lenders are able to offer higher loan to value mortgages.

With the Help to Buy mortgage guarantee scheme:

• You could get a 95% mortgage
• You will only need a minimum 5% deposit to buy a new home
• Available on new build homes up to the value of £600,000
• The scheme is available on all of our homes