Help to Buy is changing...
From the 2nd January 2021, the process of applying for an equity loan through the Government’s Help to Buy scheme is changing. First time home buyers only who meet affordability and lending terms can borrow an equity loan of up to 20% (40% in London) of the sale price of a new build home.
How much you can spend on your home will depend on which region it is in. A price cap for Help to Buy homes in the North West of £224,400 will now apply for homes April 2021 to March 2023.
For further details please contact your local Help to Buy agent.