Are you in a position to buy your own home? The Help to Buy Equity Loan is a fantastic scheme for any buyer of a new build home, whether you’re looking to get onto the property ladder or move up it.
With the Help to Buy Equity Loan, the Government will lend you up to 20% of the cost of your new build home, this means you'll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You won't be charged interest on the 20% for the first five years of owning your brand new home.
You will only be expected to pay the loan back after 25 years or when you sell your home - whichever comes first. The amount you pay back depends on how much your home is worth.
For more information, visit your Local Help to Buy Agent