About Cookies

We use cookies on this website to give you the best possible experience.  To find out more and to stop cookies please go to our cookie policy.

|
Buy to let info off
My account/Register

Loading, please wait...

Why register?

It's easier to find your ideal home with an account – and you'll be the first to hear about new homes

Help to Buy

Find your new home with just a 5% deposit - with competitive mortgage rates available, and mortgage approvals on the up, now is a great time to buy.

Now's a great time to buy new

Now is a great time to buy your new home – and with Help to Buy you could find the home that’s right for you with just a 5% deposit. Whether you’re looking to take the first step on the property ladder or are searching for something bigger to accommodate your growing family – new is for everyone. Competitive mortgage rates and reductions in Stamp Duty (in England and Wales), and the return of Help to Buy in Scotland, mean it’s easier to get the home you want for less. 

Start your search now using the search bar below and find a new home you'll love to live in. 

What is Help to Buy?

There are currently two Help to Buy schemes in England and Wales – 'Equity Loan' and 'Mortgage Guarantee'. Both require a 5% deposit and are available to first-time buyers and existing homeowners. 

If you are looking to buy a home in London, then the new Help to Buy London Equity Loan is here to help.  Further information on this scheme can be found here.

In Scotland there are two Help to Buy schemes available – ‘Mortgage Guarantee' and Help to Buy (Scotland) ‘Equity Loan’. Help to Buy (Scotland) funds are limited so you are urged to act now. More information on Help to Buy (Scotland) is available here

Help to Buy Equity Loan

  • Available on new-build homes up to £600,000 in England, £300,000 in Wales and £230,000 in Scotland. 
  • You need to have a minimum deposit of 5% of the property value for your new home
  • In England (excluding London) and Wales the UK Government will lend you up to 20% of the property value through an equity loan which can be repaid at any time during the loan term or on the sale of your home
  • You’ll only need to secure up to a 75% mortgage from a bank or building society, making that first step a little easier
  • In London the government will lend you up to 40% of the property value through an equity loan, and you’ll need to secure a mortgage of up to 55% from a bank or building society. 
  • In Scotland, the Scottish Government will lend you up to 15% of the property value through an equity loan, and you’ll need to secure up to an 80% mortgage from a bank or building society
  • You won’t be charged any loan fees for the first five years of owning your home
  • There is a range of competitive mortgage rates available with this scheme, so you can find something to suit your budget

Help to Buy Mortgage Guarantee

  • Available on all new-build and existing homes up to £600,000 in England, Scotland and Wales
  • You need to have a minimum deposit of 5% of the property value for your new home
  • You’ll need to secure up to a 95% mortgage from a participating mortgage lender
  • The lender can now offer this loan-to-value mortgage as the UK Government will provide them with a guarantee of up to 15% of the property value

Buy new for real peace of mind

Help to Buy gives you the opportunity to find the Barratt home that’s right for you right now – all you need is a 5% deposit. Whether you’re after more space to entertain or room for your kids to play, you’ll be delighted with the open-plan, multi-purpose spaces that are included in our homes. 

We make moving house and living in your new home easy. Our homes are covered by the 10 year structural warranty, plus a 2 year fixtures and fittings warranty on virtually all our homes. And you can be confident you're choosing a quality home as we've been awarded five stars for customer satisfaction from the Home Builders Federation every year since 2009.

For further information, see our Questions and Answers page.

So what are you waiting for?

Call us today on 0844 55 66 166 to arrange a visit at your local development, or register now to receive the latest news and updates via email. Now is a great time to find your new home with just a 5% deposit.

 

 

 

 

 

 

^ refers to the Barratt Developments PLC Group brands.


†First 2 years covered by Builder Warranty & NHBC Guarantee or similar. Years 3-10 covered by NHBC insurance or similar.  Full exclusions and limitations can be found on the NHBC website.  Available on virtually all of our developments.

 
Please enter a location or postcode so we can show you the right results.
Back to top