Help to Buy (England)

Help to Buy is a product in the Government’s HomeBuy range designed to help buyers in England buy your new home in an affordable way. Help to Buy will enable an eligible buyer to purchase a brand new home, funded by an affordable mortgage and with assistance from a HomeBuy agency.

Help to Buy gives you the chance to buy a new home with the assistance of an equity stake. The value of the stake is a maximum of 20% of the full price of the property. The maximum full purchase price is set at £600,000.

Under Help to Buy, the government provides an equity stake as follows:

  • Government provides an equity stake of 20%
  • You arrange a mortgage for 75%
  • Meaning your deposit is 5%

Download our guide for full details:

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To be eligible for Help to Buy, you should:

  • Be a would-be buyer unable to afford a suitable home in their local area
  • Be able to demonstrate access to savings or funds to pay, if required, a deposit (which may be 5% or more of the purchase price, legal fees, stamp duty and costs of moving)
  • Have a good credit history
  • Take out a mortgage with a qualified lender (e.g. a bank or building society)