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Help to Buy
The Help to Buy scheme is an extension of the popular FirstBuy deal which has been making homebuying dreams come true for almost two years.
That was only available for first time buyers, but now existing homeowners can join the party and purchase a brand new home with the help of an equity loan from the Government of up to 20% of the property’s value.
Announced in the Budget in March, Help to Buy could offer life-changing opportunities to buyers who thought they had been frozen out of the housing market.
With the purchaser only needing a 5% deposit and the Government’s equity loan this means they can access a 75% mortgage, which opens the door to more competitive lending rates and a dream move into a brand new Bovis Home.
Want to see what a difference shared equity can make? The FirstBuy scheme enabled homebuyers across the country to purchase their dream home. People like Michael and Maryl Steyn.
So if you thought a high-quality brand new home was out of
reach – think again. Take a close look at Help to Buy – now available to more homebuyers and with a maximum purchase price of £600,000 – and let’s see if we can get you moving.
For more information, view theHelp to Buy buyers' guide. This explains how the scheme works with financial examples, along with details on the buying process.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
