If you are a first time buyer, the Government backed ‘Help to Buy‘ scheme is available and get help you get onto the property ladder with an equity loan of up to 20%.
- With the Help to Buy scheme, you’ll need just 5% deposit to buy a new home.
- The Government will lend you up to 20% of the value of your new build home via an equity loan.
- You will only need to secure up to a 75% mortgage.
- The Help to Buy equity loan can be repaid at any time or on the sale of your home.