Be confident you can afford your new Wyatt home with Help To Buy
What is Help to Buy?
Help to Buy is a government run equity loan scheme that means you could move into your dream Wyatt home with as little as a 5% deposit. Whether you’re a first time buyer or existing home owner, Help to Buy will get you moving. Wyatt Homes are pleased to be able to offer Help to Buy on all of our current developments.
Wyatt Homes are pleased to be able to offer Help to Buy on all of our current developments.
The government will lend you up to 20% of the cost of your new home, so you’ll only need a 5% cash deposit plus a mortgage to make up the rest.
Help to Buy is available exclusively on new build homes valued up to £600,000 in England.
The Help to Buy equity loan can be repaid at any time or when you come to sell your home.
Who can benefit from Help to Buy?
First time buyers – We know how difficult it can be to raise a large deposit to buy your first home but with Help to Buy you only need to save 5% of the asking price to get a mortgage. So you could be buying your first home a lot sooner than you thought.
Existing home owner – You can also use Help to Buy if you are an existing home owner, even if you have limited equity in your current property, because you only need a 5% deposit to move. The home you buy must be your only residence.
For more information on Help to Buy, including detail about how it works, who is eligible and how to apply visit the Homes England website.