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 £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 (England) is only available on selected homes at selected developments in England. Eligible applicants will be offered an equity stake of up to a maximum of 20% of the full market price. The Homes & Communities Agency will hold the second charge on the property. Applicants are required to fund at least 80% of the purchase price by means of a mortgage and any deposit where required. For the first five years there is no fee charged on the equity stake component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the stake is entered into multiplied by the outstanding percentage under the equity stake, the annual fee of 1.75% will be uplifted by RPI +1% p.a. The equity stake is provided by the Homes and Communities Agency and developer as a second charge. Your home may be repossessed if you do not keep up your repayments on your mortgage. Help to Buy is not available for part-exchange or buy-to-let.