Help To Buy Scheme

Help To Buy

Help To Buy

The government has put in place a number of schemes to support house purchasers, such as Help to Buy.

The Help to Buy mortgage guarantee scheme helps you buy a home with a deposit of 5% of the purchase price. It’s open to both first-time buyers and home movers for new-build and older homes in the UK, with a purchase price up to £600,000.

The guarantee is provided to your mortgage lender by the government – not to you.



To qualify for a mortgage guarantee, the home you want to buy must:

• have a purchase price of £600,000 or less
• not be a shared ownership or shared equity purchase
• not be a second home
• not be rented out after you buy it


  • The property doesn’t have to be newly built.
  • You don’t have to be a first-time buyer and there’s no limit on your level of income. But you can’t use Help to Buy with any other publicly funded mortgage scheme, or an interest-only mortgage.

Contains public sector information licensed under the Open Government Licence v2.0.

This article (Help to Buy and other government-backed schemes) is intended to provide a general appreciation of the topic and it is not advice.

For more information please contact Sterling Capital Financial Services on 0207 429 0358 or email and we will be happy to assist you.

*Your home/property may be repossessed if you do not keep up repayments on your mortgage.



Get it touch with your mortgage experts today!

Contact Us

What our customers say