Buying options

As a Help to Buy agent, we help to deliver two separate schemes:

  • Help to Buy: Equity Loan
  • Help to Buy: Shared Ownership

The schemes are run by the government. They are designed to make it more affordable for people to own their own homes.

Help to Buy: Equity Loan

Help to Buy: Equity Loan is a government scheme that allows you to borrow a low-interest loan to put towards the cost of purchasing a newly built home.

The equity loan is for the value of up to 20% of the purchase price for homes that are outside of London. For homes inside London, the equity loan is up to 40% of the purchase price.

You add the equity loan to the deposit you have saved and to the amount you need to borrow on a repayment mortgage. Together these cover the total cost of buying your newly built home.

Learn more about Help to Buy: Equity Loan

Shared ownership

Shared ownership helps you to buy a home if you cannot afford all of the deposit and mortgage
payments for a home that meets your needs. You buy a share between 10% and 75% of the home’s full market value, and pay rent on the remaining share.

Most shared ownership homes require an initial share purchase between 25% and 75%. When
homes are available for sale under the new model for shared ownership, shares will be available
from 10%. A limited number of these homes will be available in 2021. More will become available from 2022 onwards.

There are shared ownership schemes designed for specific groups of people:

  • Older people's shared ownership (OPSO)
  • Home ownership for people with a long-term disability (HOLD)

Learn more about Help to Buy: Shared Ownership

Please remember, your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it.


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