The Help to Buy Equity Loan scheme is open to both first time buyers and existing homeowners.
This scheme may be for you if:
- You are buying your first home and are finding it difficult to save for that 'big' deposit.
- You are looking to move to your next property but need help to get on you onto the next rung of the ladder.
The scheme helps you to buy a newly-built home with an equity loan of up to 20% of the full price of the property. You will not have to pay any interest charges on this loan for the first five years and you own 100% of your own home from the start.
For more information, visit the Help to Buy Equity Loan website.