Help to Buy

The Government’s Help to Buy Scheme has a number of ways to assist people to own their own home. 
 
To find out more about Help to Buy please visit the Help to Buy website.
 
Some of the schemes available include:

Help to Buy Equity Loan 

Through the Help to Buy Equity Loan scheme the Government lends you up to 20% of the cost of a new build property. You will need a minimum 5% cash deposit and your own 75% mortgage to fund your purchase. Help to Buy equity loan is available on many new build housing developments so it is worth making enquiries at site sales offices on its availability.

Find out more about Help to Buy Equity Loan
 
Eligibility and How to Apply
 
Search for Help to Buy Homes or visit house builders websites on the developments you are interested in. 

Individual Savings Accounts

The Government has two savings schemes where they will boost your savings when buying
your first home.

Help to Buy ISA

You can no longer open a Help to Buy ISA since November 2019.  For those who already
have a Help to Buy ISA you can continue saving into your account until
November 2029. The Government will boost your savings by 25% to assist you in
buying your first home (you can receive up to £3000). For more information please visit the Help to Buy website

Lifetime ISA (LISA)

The Government will also boost your savings to buy your first home, or for general savings
later in life, through a Lifetime ISA.  For more information on Lifetime ISAs please visit gov.uk.