HELP TO BUY HAS NOW CHANGED

The Help to Buy scheme has now changed and the new Help to Buy: Equity Loan (2021-2023) is only available to first time buyers. The new regional price cap will restrict the value of the home you can buy using the new scheme. In London the value of the property eligible to use the new scheme is £600,000.

HOW DOES IT WORK?

First time buyers can purchase a stunning contemporary new home at HarrowOne using the Help to Buy: Equity Loan with just a 5% deposit required. You will then be able to access up to 40% of the property price through an Equity Loan which is provided by the Homes and Communities Agency (HCA). You will then require a 55% mortgage to cover the cost of your home at HarrowOne

*Help to Buy: Equity Loan is available on selected homes at HarrowOne up to the value of £600,000 and applicable to first time buyers only. For more information on Help to Buy visit www.helptobuy.org.uk..

HENRY & LAURA'S STORY

Having rented a property in London for over three years, Henry and Laura wanted to step onto the property ladder. In the lead up to buying their first home, they thought they'd have to make significant compromises on location, property type and size to suit their budget. After searching in a variety of areas, the first-time buyers were able to secure their dream home with Hill, thanks to a helping hand from the Government's London Help to Buy scheme, without making any compromises!