© 2019 Wooton & Bean Financial Solutions Limited | All Rights Reserved

Designed By Pavo Designs Ltd

T 01444 440 530

E info@wootonandbean.co.uk

1st Floor, 65 The Broadway,
Haywards Heath, RH16 3AS

Help To Buy - Equity Loan

Help to Buy Equity Loan Scheme – New build property

With a Help to Buy: equity loan the Government lends you up to 20% of the cost of your new-build home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. You won’t be charged loan fees on the 20% loan for the first five years of owning your home.

Who Is eligible

Equity loans are available to first time buyers as well as homeowners looking to move. The home you want to buy must be newly built with a price tag of up to £600,000. You won’t be able to sublet this home or enter a part exchange deal on your old home. You must not own any other property at the time you buy your new home with a Help to Buy equity loan.

The Government have a number of schemes available to help first time buyers get on to and home movers work their way up the housing ladder. The details of the Help to Buy Equity Loan Scheme - New build property are detailed below with more information available at www.helptobuy.org.uk

On clicking the above link you will leave the regulated site of Wooton & Bean Financial Solutions Ltd. Neither Wooton & Bean Financial Solutions Ltd or Tenet are responsible for the accuracy of the information contained within the linked site.

A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. 

The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

Wooton & Bean is a trading name of Wooton & Bean Financial Solutions Limited.

Wooton & Bean Financial Solutions Limited is an appointed representative of TenetLime Limited, which is authorised and regulated by the Financial Conduct Authority.

 

TenetLime Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 311266.

Registered office: 1st Floor, 65 The Broadway, Haywards Heath, RH16 3AS. Registered in England No:9187571