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 Help to Buy Equity Loan is now back. There are now two Help to Buy schemes available – ‘Mortgage Guarantee' and a new Help to Buy (Scotland) ‘Equity Loan’. More information on Help to Buy (Scotland) is available here, and you can reserve now.