HELP TO BUY WITH EQUITY LOAN SCHEME
With this scheme, the Government lends you up to 20% of the total cost of a new-build home.
Therefore, you will need a 5% cash deposit and a 75% mortgage to cover the rest.
You will not be charged loan fees on the 20% loan for the first five years of owning your home.
* Example for a property with a purchase price of £200, 000.
