A little over a year is now left to find a new home that is registered with the Help to Buy scheme, which will operate until March 2023.
With Help to Buy London Equity Loan, the government can lend you up to 40% of the cost of a new build home. You pay a deposit of 5% or more and arrange a mortgage of 25% or more to make up the rest. The equity loan is interest-free for the first 5 years. Read more about how the scheme works and how to apply here.
Example (use the Help to Buy Calculator to find out what you can afford): Property Price: £600,000 (max amount in London) Cash Deposit: £30,000 Help to Buy Loan: £240,000 (40% ) Mortgage Requirement: £330,000 (25%)
This list contains London Help to Buy registered developments offering new build properties – flats/apartments and houses priced up to £600,000. Click on the scheme name to open the development profile where you’ll find the key details along with team credentials and a link to the sales website.
Please note that all property prices in this article are subject to change. You should always contact the sales representative for the up to date information.
While every effort has been made to ensure the accuracy of the information presented on this page is up to date and correct, Buildington accepts no responsibility for any errors contained in the information, or if the information is not current.