Equity Loan Mortgage Calculator
Whether you’re a first time buyer or already on the property ladder, you could buy a new home with just a 5% deposit.
Here’s how Help to Buy Equity Loan works
- Available to both first time buyers and existing homeowners
- You only need a minimum 5% deposit to qualify
- The Government will lend you up to 20% of the value of your property through an equity loan.
- You only need to secure up to a 75% mortgage from a bank or building society
- There is a maximum home purchase price of £600,000 in England and £300,000 in Wales.