Help to buy equity scheme example

Help to Buy House

Help to Buy

How the Help to Buy Equity Scheme works

Since the spring of 2013, help to buy equity loans have been available on selected new build properties. Many first time buyers have taken advantage of the scheme.
Under the help to buy equity loan scheme you can enjoy the benefit of an interest free loan of up to 20% of your purchase price for five years.

In year six interest is charged on your equity loan at a rate of just 1.75%.

This interest free equity loan of 20% of your purchase price means you need to put in just 5% cash yourself to leave with a mortgage requirement of 75% of the purchase price of your new property.

If you are wondering if the equity scheme can be of value to you please take a look at our one minute video outlining a help to buy equity scheme example.

In just seventy-five seconds you can obtain an idea of both monthly and capital costs on a typical new home purchase.

featured video – help to buy equity scheme example

Please note that the help to buy equity loan scheme is only available for use on the purchase of selected new build properties.

Read and download the buyers guide to the Help to Buy Equity Loan Scheme here

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