Help to Buy is an option that allows you to gain assistance with the purchase of your first home; better known as a shared ownership. You can choose to own 25% of the house and can pay 75% of rent. The purchase price must be no more than £600,000 and there is an option to borrow up to 20% of the purchase price interest-free. This lasts for five years but is required to put down a 5% deposit on the property. This scheme is currently available until 2023. For those who are single buyers or on low income, the right to buy is a scheme that offers the most vital assistance.
We are on hand to discuss any Help to Buy requirements, just fill in the form below and we can arrange a chat to discuss your options.
