Help to Buy England
The current Help to Buy scheme is available until March 2021, and both existing homeowners and first time buyers can benefit - Discover how it works below.
From 1 April 2021 there will be a new Help to Buy scheme for first time buyers only - Find out more here.
What is Help to Buy?
With Help to Buy, you could buy a brand-new home sooner than you think.
- You only need a 5% deposit.
- The Government lends you up to 20% of the value of the property.
- The loan is interest-free for 5 years, making your dream home more affordable.
- You then need to secure a 75% mortgage.
There are a range of competitive mortgage rates available with this scheme, so it’s worth comparing lenders to find the best deal. We can introduce you to a New Home Mortgage Adviser who’ll search the market to find you a great deal.
See where Help to Buy could take you
Use our Help to Buy calculator to see how the scheme could work for you, then start searching for a beautiful Barratt home within your budget.
Homes that qualify
The scheme is available exclusively on new build homes up to the property value of:
- £600,000 in England
- £300,000 in Wales
- £200,000 in Scotland
This page provides information about Help to Buy in England, outside of London. The scheme works slightly differently in London, Scotland and Wales. View our location-specific pages to find out how Help to Buy works where you are.
Help to Buy explained
Want to know more?
Take a look at our Help to Buy Frequently Asked Questions.
Click here for full Terms and Conditions.