Help to Buy Scheme
The Government’s ‘Help To Buy’ scheme is designed to get first-time buyers on the property ladder. Find out how Create Homes can help you buy your first dream home.
If you want to own a new-build home but you haven’t saved a big enough deposit, the Help to Buy: Equity Loan* scheme offered by the Government could offer the help you need.
We know how stressful it can be buying a home for the first time. At Create Homes, we’re here to help you in every way we possibly can. Don’t delay any further, as now is the perfect time to take the plunge and take advantage of the Government’s Help to Buy scheme to purchase your new home before the scheme ends.
The latest Help to Buy scheme will run from April 2021 to March 2023. The Government will lend first-time buyers up to 20% of the cost of a newly built home (and up to 40% in London) in order for them to buy their first home up to the value of £224,400** here in the North West.
- 5% minimum deposit required
- Help to Buy Equity Loan can cover up to 20% of the property price
- Help to Buy Equity Loan is interest-free for up to 5 years
- Help to Buy Equity loan can be repaid over 25 years
- Up to 75% of the remaining costs covered by a mortgage
* T&C's apply. Speak to our Sales Advisors for more information.
**Create Homes operates in the North West of England. The scheme is slightly different for buyers in other areas. Please consult your local agent for details or check the Government website.
CREATE HOMES FIRST TIME BUYER'S GUIDE
HOW THE SCHEME WORKS
The Help to Buy Scheme is only one of the many ways we can help your move less painful. Our Sales Executives will be more than happy to advise you.
- As a first-time buyer, you only need a 5% cash deposit and a 75% mortgage to make up the rest.
- You also benefit from not paying interest for the first 5 years.
- Try our Help to Buy mortgage calculator below, which will give you an idea of the figures involved.
Help To Buy Calculator
The Government’s ‘Help To Buy’ scheme is designed to get first-time buyers on the property ladder. Find out how Create Homes can help you buy your first dream home. The Help to Buy: Equity Loan scheme will close to new applications at 6pm on 31 October 2022.