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 Homes England.
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 £224,400.
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%

To be eligible for Help to Buy, you should:
- Be a First Time Buyer
- Be able to demonstrate access to savings or funds to pay a deposit which may be 5%
- Have a good credit history
- Take out a mortgage with a qualified lender (e.g. a bank or building society)
Available at the following locations
Legal Information
*Help to Buy: Equity Loan (2021-2023): Eligible homebuyers can borrow 5% to 20% of the market value of a newly built home. Regional property price limits will apply. The equity loan is interest free for 5 years; monthly interest payments start at 1.75% and rise each year in April by the Consumer Price Index (CPI) plus 2%. Pay a £1 monthly management fee from the start. Repay your equity loan at the end of your mortgage or equity loan term, when you sell your home or any time before. The lender, Homes England, secures the equity loan as a second charge on your home. Help to Buy is subject to eligibility, terms and conditions: www.helptobuy.gov.uk. Your home may be repossessed if you do not keep up repayments on your repayment mortgage, equity loan or other loans secured against it.