With Help to Buy London the government will lend you up to 40% of the price of your new home!
The well established Help to Buy Equity Loan scheme is already hugely successful with people buying new build homes in England worth up to £600,000.
Given the current property market in Greater London, the government has increased the maximum equity loan it gives new buyers in the area to 40%.
With London Help to Buy equity loan:
- you’ll need to contribute at least 5% of the property price as a deposit
- the government will give you a loan for up to 40% of the price
- you’ll need a mortgage of up to 55% to cover the rest
Interested? Why not book an appointment at the development of your choice in Greater London and speak to a Sales Executive about how you can apply.