Help To Buy

The Help to Buy scheme could allow you to own your new home with as little as a 5% deposit. This Government initiative is open to first time buyers and those looking to sell and move up the property ladder on new homes up to a maximum purchase price of £600,000.

If you have saved your 5% deposit then you could apply for a 20% equity loan from the Government which means you could take advantage of the more attractive mortgage rates for the remaining 75%. Help to Buy puts your Backhouse house more easily in reach as your mortgage repayments could be more affordable than you first thought.

We’d be delighted to tell you more so please contact us on to speak to one of our dedicated customer service team who can support and guide you.

Key Features of Help to Buy

  • Help to Buy is a Government initiative administered by the HCA designed to help home buyers move.
  • The initiative combines a 5% cash deposit with a 20% equity loan from the Government.
  • The equity loan is interest free for the first five years.
  • The equity loan has a term of 25 years but can be repaid at any time or on the eventual sale of the property, whichever occurs earliest.
  • The property purchased with Help to Buy must be occupied by the mortgage holders (not buy to let).
  • Applicable properties are new build with a maximum purchase price of £600,000.
  • Mortgages secured the on the remaining 75% must be repayment rather than on an interest only basis.

For more information please visit