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It's easier to find your ideal home with an account – and you'll be the first to hear about new homes

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New homes by location

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Help to Buy Equity Loan for London

If you are looking to buy a property in London then the London Help to Buy scheme could help you secure the home that’s right for you.

Buy a new home in London with just a 5% deposit

If you are looking to buy a property in London then the London Help to Buy scheme could help you to move sooner than you think.

All you need is a 5% deposit to secure your home. The Government will provide an equity loan of up to 40% of the property value, meaning you only have to secure a mortgage of up to 55% from a bank or building society. The Government equity loan is interest-free for the first five years and can be repaid at any time during the loan term or on the sale of your home.

London Help to Buy:

  • Requires a minimum deposit of only 5% of the property value of your new home
  • Is available on new-build homes up to £600,000
  • Is available for properties located in one of London’s 32 boroughs, or the city of London itself

Help to Buy in Scotland

Help to Buy calculator

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. This calculator is provided for guidance only; David Wilson Homes does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.

What are you waiting for?

If you are looking for a new home in London we could have the one that's right for you. Start your search today.

Help to Buy in Scotland

 
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