Help To Buy

The existing Help to Buy scheme, currently available to first-time buyers and existing homeowners, is due to come to an end on 31 March 2021.

A new scheme will come into effect from 1 April 2021, only available to first-time buyers. The value of the home you will be able to purchase with Help to Buy is also changing, and will be determined by the region it’s situated.

What’s more, with the current Help to Buy scheme and the Stamp Duty holiday you could save up to 15,000 GBP in stamp duty, as well as only needing a 5% deposit with Help to Buy, making now the perfect time to buy your new home

By using the scheme you need just a 5% deposit, with the Government providing an equity loan rate of up to 20% of the value of the property you are buying.  You then need to secure up to a 75% which opens the door to more competative lending rates and may make your repayments more affordable than you first thought.