A Help to Buy equity loan is available on new build homes in England, Wales and Scotland to both first-time buyers and home movers. This enables you to obtain a mortgage with a deposit from as little as 5%.
Shared Ownership provides an alternative affordable home scheme and is not restricted to new builds. It allows you to buy a share of the home and pay rent for the rest. This means you take a smaller mortgage, so the deposit required is lower. However, you need to make sure you budget for your monthly mortgage payments plus the rent.
Below are our options for Help to Buy mortgages: