Help to Buy – Buy your home with just a 5% deposit - Liverty New Homes

Help to Buy – Buy your home with just a 5% deposit

Help to Buy

With Help to Buy, you could buy with just a 5% deposit. Find out how much you can afford here.

Help to Buy

Find your new home with just a 5% deposit. With competitive mortgage rates available, and mortgage approvals on the up.

Now is a great time to buy your new home and with Help to Buy you could find the home that’s right for you with just a 5% deposit. Maybe you’re looking to take the first step on the property ladder? Maybe you’re looking for a bigger home to accommodate your growing family? No matter your circumstance, a new home is great for everyone. There are now so many competitive mortgage rates. There have also been reductions in Stamp Duty. Both of these factors mean that it’s easier to get the home you want for less. Start your search for your new home here.

What is Help to Buy?

There’s currently two Help to buy schemes in England. These are an ‘Equity Loan’ and ‘Mortgage Guarantee’. Both need a 5% deposit and are available to first-time buyers and existing homeowners.

Help to Buy Equity Loan

This is available on new build homes valued up to £600,000. You need to have at least a deposit of 5% of the property value for your new home. The Government lend you the money for up to 20% of the property value, through an equity loan. This can be repaid at any time during the loan term or on the sale of your home. You’ll only need to secure up to a 75% mortgage from a bank or building society. This makes that first step so much easier. You won’t be charged any loan fees for the first five years of owning your home. There is a range of competitive mortgage rates available with this scheme so you’re sure to find something to suit your budget.

Help to Buy Mortgage Guarantee

This is available for all new build and existing homes valued up to £600,000. You need to have at least a deposit of 5% of the property value for your new home. You’ll need to secure up to a 95% mortgage from a participating mortgage lender. The lender can now offer this loan-to-value mortgage. The UK Government will provide them with a guarantee of up to 15% of the property value.

Buy new for real peace of mind

Help to Buy gives you the opportunity to find the DCH home that’s right for you, right now. All you need is a 5% deposit. Whether you’re after more space to entertain or room for your kids to play. You’ll be delighted with the open-plan, multipurpose spaces that are included in our homes. We make moving house and living in your new home easy. Our homes are covered by the 10-year structural warranty. This is beside a two-year fixtures and fittings warranty on our new homes. You can be confident you’re choosing a quality home when buying from DCH.

So what are you waiting for?

Call us today on 01752 856 037 for more information. You can also contact our sales team here. Now is a great time to find your new home with just a 5% deposit.

More Buying Advice