Help to Buy & Shared Ownership
The Help to Buy Scheme has changed.
First-time buyers can buy a new home using the revised version of the Help to Buy equity loan scheme.
The Help to buy scheme will now be restricted to first time buyers and is scheduled to run until the end of 2023
Buyers will need to have a minimum deposit of 5% and could benefit from a Government equity loan of 20% of the property’s value (40% in London) and arrange a mortgage for the remaining 75% (55% in London).
The Shared Ownership scheme can help you to buy a share of your home and pay rent on the remainder. It is ideal for people with minimal deposits and lower income.
Contact us to discuss your options.
Get In Touch
Let us provide you a hassle and stress free environment through the complexities of buying your property. We look forward to working with you!