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.
*Help to Buy Mortgage Guarantee will end 31st December 2016. The popular Help to Buy Equity Loan is available until 2021.
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.
Check out our Help to Buy Frequently Asked Questions for more information on how Help to Buy could help you get moving.