What is the Help to Buy scheme? Help to Buy is a government-backed scheme that is designed to help you move into a new Peter James home with as little as a 5% deposit.
Who’s it for? The ‘Help to Buy Equity Loan’ is available to first time buyers as well as homeowners looking to move.
Help to Buy Equity Loan
The Government will lend you up to 20% of the value of your new Peter James home up to the value of £600,000 through an interest free equity loan for five years. This means you’ll only need to secure a 75% mortgage with a 5% deposit.