Help To Buy
the helping hand you've been waiting for
Help to Buy* is the Government scheme which provides home buyers with an equity loan of up to 20% of the value of a new build property.
The equity loan can be repaid at any time within 25 years, or upon the sale of the property with the loan being interest free for the first 5 years.
You only require a minimum 5% deposit to qualify**.
You only need to secure a 75% mortgage**.
The Government lends you up to 20% of the value of the property which can be repaid at any time or when the house is sold.
Available to new build homes only.
Maximum home purchase price £228,100 in Yorkshire and the Humber.
This is not a shared ownership scheme - you'll own 100% of your home.
Don't miss out on this fantastic scheme - register today on one of our developments for further information.
Further details for the Help to Buy scheme can be found by visiting the Help To Buy NEYH website or by contacting our Sales Team.
Your Mortgage (75%):
Your Deposit (5%):
HTB Loan (20%):
Example 1 - £ 200,000
Total purchase price:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT
*Help to Buy is available on properties up to a maximum value of £228,100 in Yorkshire and the Humber. If you qualify for Help to Buy assistance and you raise a mortgage for at least 75% of the purchase price of your new home from a lender, you can borrow up to the remaining 20% of the purchase price by taking out a loan secured over your new home from the Government's Homes & Community Agency (HCA) over a period of 25 years.
**A minimum 5% deposit is required by the lender. More may be required depending upon circumstances and your lender's criteria. Help to Buy is subject to eligibility and terms and conditions. Terms and conditions apply.