With the Help to Buy scheme, you could buy a new home with just 5% deposit.
Help to Buy is available to everyone. If you're a first time buyer, you’ll need to save just 5% deposit to get a mortgage, so you could buy your first home sooner than you thought. And if you’re an existing homeowner, you can use Help to Buy to trade up to a bigger property, even if you have limited equity in your existing home.
Where can I get Help to Buy?
There are two ways to buy a new home with 5% deposit using the Help to Buy scheme.
- The Help to Buy interest free equity loan is exclusively available on new build properties. The equity loan could reduce your mortgage repayments, making this an affordable option.Help to Buy is available on all Taylor Wimpey homes in England worth up to £600,000.
- The Help to Buy mortgage guarantee means that you could get a 95% mortgage on the home of your choice.
Read on to find out more about the two ways to buy with the Help to Buy scheme.
I've got a home to sell. Can you help?
Help to Buy is available with our easymover scheme, which means we'll liaise with your estate agent on your behalf, we'll pay their fees and we'll manage the whole house selling process – making your life so much easier!