Buy with just a 5% deposit

Help to Buy: Equity Loan is available at our developments for qualifying purchasers. But what is Help to Buy and how does it work?

What is a Help to Buy: Equity Loan?

With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home.

Am I Eligible for Help to Buy: Equity Loan?

Equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000.

You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy: Equity Loan.