The Help to Buy: Equity Loan 2021 – 2023 scheme is open to first time buyers only and means you’ll need just 5% deposit to buy a new home.

With Help to Buy, the Government will lend you up to 40% of the value of your new build home via an equity loan. You will need to secure up to a 55% mortgage and put down a 5% deposit. You’ll own 100% of your home from day one.