The Government created the Help To Buy scheme to enable would be property buyers onto the housing ladder. Help to Buy (HTB) makes this possible as the government will lend you up to 20% of the purchase price of a property which means you would need as little as 5% by way of a deposit.

HTB is now available not just on new build properties but properties of any kind.

As a result of providing this assistance, the Agency/government has an entitlement to a share of the future sale proceeds equal to the percentage contribution required to assist your purchase. For the first five years of Help to Buy home ownership there is nothing for you to pay on the amount contributed to your purchase.

After 5 years or if you sell before amounts will need to be repaid.

For further information or advice on HTB please do not hesitate to contact one of our experts.