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Unlock the door to a new home with the Help to Buy scheme

The Government has created the Help to Buy schemes to make getting onto, or moving up, the housing ladder more accessible for house buyers. Home owners and first time buyers may now be able to purchase a home with as little as a 5% deposit.

The main criteria:

  • First time buyers and existing home owners
  • Minimum of 5% deposit
  • The property must be your only property
  • The Government lends up maximum of 20% of purchase price (40% in London)
  • Help to Buy Wales applies to the purchase of new-build homes worth up to £300,000
  • Help to Buy Scotland available only on new builds.
  • Available from participating mortgage lenders
  • Terms and Conditions apply

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Our initial mortgage consultation is free. We will charge a fee between £399 and £999 that is payable on application. The amount we will charge is dependent on the amount of research and administration required. We reserve the right to charge a subsequent fee of £99 for each further application that may be required.

For further information see https://www.gov.uk/affordable-home-ownership-schemes/overview*

*Please be aware that by clicking onto the above link you are leaving the Reeds Rains website. Please note that neither Reeds Rains nor First Complete Ltd are responsible for the accuracy of the information contained within the linked site accessible from this page.

Sources: October 2016 http://helptobuywales.co.uk/, http://www.gov.scot/Topics/Built-Environment/Housing/BuyingSelling/help-to-buy, and http://www.helptobuy.org.uk/

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