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?

Help to Buy infographic

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