Help to Buy

We offer the Help to Buy scheme across all our developments in Yorkshire & Lancashire.

Help to Buy is a government-backed scheme that is essentially an extension of the FirstBuy scheme but is now accessible to all buyers (dependent on your financial circumstances), not just for first time buyers. A new home for you and your family may have been inaccessible to you before this scheme.

Now, you can buy your new home with as little as a 5% deposit by using a 20% equity loan from the government and a 75% mortgage.

The scheme has already helped thousands across the country reserve a new home so talk to your Sales Adviser today at your chosen development about how it can help you.

Key things you need to know about the scheme:

Available on new build homes only throughout England
You will need a minimum of a 5% deposit
Available to all, not only first time buyers (unlike FirstBuy)
Qualify for up to a 20% interest free government loan. Interest free for 5 years.*
You may only need a 75% mortgage
Applicable to all properties below £600,000
Only available for repayment mortgages
Mortgages are now available through a variety of high street lenders

An example…

If you have a deposit of £10,000 (5%)
Government loan of £40,000 (20%)
Mortgage of £150,000 (75%)
Value of home could be £200,000
The interest rate in the sixth year will be 1.75%, which will rise annually by RPI (retail price index) inflation plus 1%

Are you eligible?

You must demonstrate you have savings for the deposit, legal fees, stamp duty and the cost of moving
Be purchasing a new build property for £600,000 or less
Have a good credit history