Purchase your new home with just a 5% deposit using Help to Buy*

What is the current scheme

The current Help to Buy scheme* is available to first time buyers and existing homeowners. You can purchase your new home with just a 5% deposit, up to a 20% loan from the Homes England and the remaining 75% made up by your mortgage. The current price cap for England is £600,000.



How is it changing

From 1 April 2021 the current Help to Buy scheme will be replaced with a new scheme for first time buyers only together with a regional price cap (£349,000 in the South West) .  As with the current Help to Buy scheme*, you will only need a 5% deposit.

To find out more

*For more information including advice on paying fees and paying back your loan please download the Help to Buy buyers guide by clicking here