With a Help to Buy Equity Loan, you can borrow interest free for five years as well as getting access to cheaper mortgage rates. In addition to that, you also get the benefit of only needing to pay a 5% deposit when purchasing a home. After not paying interest on the equity loan for five years, the rate of interest will only be 1.75% in the sixth year – a generous figure in the current market.
Therefore, not only can you get help moving on or up the property ladder, you’ll also start with the perfect blank canvas to create your home. Visit a development near you and talk to one of our friendly Sales Advisers to find out which homes you could purchase with Help to Buy.