Help to Buy in England

Help to Buy England
The Help to Buy scheme is designed to help first-time buyers to purchase affordable new build homes in England. Find out how the scheme can benefit you with WhatHouse?
What is Help to Buy?
Available only on brand new homes, Goverments "Help to Buy scheme" gives financial assistance to new home buyers by reducing the deposit required down to 5%.
Now used as an ‘umbrella’ brand for a variety of government homebuying schemes, the main part of this initiative provides financial assistance to buyers in the form of an equity loan, a lump sum added to the purchaser’s deposit to reduce the size of the mortgage they need. This loan is interest-free for five years and only needs to be repaid when the property is sold. Hundreds of housebuilding companies have signed up to the scheme, and there are just a few eligibility criteria for potential buyers to meet in order to qualify for it.

The latest statistics from the government show that over 100,000 homes were purchased with this equity loan from the launch of the scheme in April 2013 to the end of September 2016, with 80% of them purchased by first-time buyers.
young couple looking at new homes

aerial view of a town in England
Help to Buy England
The scheme in England is available to new build homes costing up to £600,000. The buyer needs a 5% deposit on the property, and receives a 20% equity loan from the government, so the purchaser has to find a mortgage for the remaining 75% of the property price.

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Case Studies
Davina and Liam in their new home
28 August 2018
Using the Help to Buy scheme, a young brother and sister have joined together to get on the property ladder at Westleigh’s development in Melton ...
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Rhys and Charlotte outside their new home
31 July 2018
Help to Buy has helped thousands of first-time buyers purchase their dream home, including Rhys and Charlotte, who purchased a three-bedroom fami...
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Hannah and Chelsea in their new home
28 June 2018
Thanks to the Help to Buy scheme and a gift from Bank of Mum, first-time buyers Hannah and Chelsea have been able to get on the property ladder.....
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Recent News
Green Oaks (Crest Nicholson)
25 September 2018
Here are a few examples of what you could buy with Help to Buy in the South East right now...
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Bertone Manor (Barratt Homes)
24 September 2018
The WhatHouse? team picks its selection of the very best new build homes for sale across the East Midlands region...
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Wolsey Island (Westleigh Homes)
20 September 2018
The latest new homes launches, buyer events and special offers across the UK brought to you by the WhatHouse? team...
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