ways to buy

How does Help to Buy in London work?

Get on or up the property ladder with London Help to Buy. The scheme is currently available across London to first time buyers and existing homeowners

What is Help to Buy?

The London Help to Buy scheme means first time buyers and existing homeowners in London boroughs can buy a new home with just 5% deposit and an interest free* Government backed loan of up to 40% of the cost of a new build home. London Help to Buy is currently available on all Taylor Wimpey developments in London boroughs up to the value of £600,000.

Interested? Watch the video to learn more.

Help to Buy is changing

From 1 April 2021 the current Help to Buy scheme will be replaced with a new scheme for first time buyers only. Find out how the current and new schemes compare.
Young couple in their new kitchen

You save up to 5% deposit

You'll need a 5% deposit to buy a home with Help to Buy: equity loan. This is less than you'd typically need to get a mortgage without London Help to Buy so you might be able to buy sooner than you thought. Our Help to Buy calculator will help you find out how much you'll need.
Young girl saving money in a moneybox

Find your dream home

Search for your dream home on our website. Book an appointment to speak to a Sales Executive at the development of your choice to discuss more about your requirements and find the perfect home for you.
Bramley View street scene

Find out how much mortgage you'll need

Our Sales Executive will put you in touch with an independent mortgage broker, who can help you find a 55% mortgage with London Help to Buy and finalise how much you'll need for a deposit. To get an idea of these figures now, why not take a look at our Help to Buy calculator?
Sales Executive discussion with young couple

Apply for an interest free equity loan.

You'll need to apply for a Help to Buy equity loan worth up to 40% of the price of your new home. The maximum you can borrow from Help to Buy in England is £120,000 and up to £240,000 for London. There is no minimum amount.
Family using a laptop in their bedroom

Let us help you, every step of the way

Don't worry - our team will be on hand to help you to find your new home and to guide you through your London Help to Buy application. Your Sales Executive will make sure the process of buying a new home with Help to Buy goes smoothly  every step of the way, right up to the day you move in.
Male Sales Executive

Paying the loan back

The Government backed equity loan of up to 40% of the property’s value is interest free (in England and Wales) for the first five years.

You can repay the loan at any time or on the sale of your home. To find out how much interest you'll pay after 5 years, take a look at our Help to Buy Frequently Asked Questions.

Mother and daughter enjoying their new living room

Hear from our customers

London Help to Buy has made the dream of home ownership a reality for thousands of people across England. Find out how Help to Buy made buying their first home a reality for one couple.


Terms and conditions apply. Please visit taylorwimpey.co.uk/terms for full details.