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Buying Through

Help To Buy

A Helping Hand

Help To Buy


Saving up to buy your first home can be a big challenge, but fortunately assistance is available. The government’s Help to Buy Individual Savings Account (ISA) scheme can add 25% to your savings, giving you a much needed boost to get onto the housing ladder. Help to buy ISAs are available from a variety of building societies, banks and credit unions. If you get one of these accounts, for every £200 you put into it, you’ll receive a bonus from the government of £50.

You can start to claim once you’ve saved a minimum of £1,600, and the maximum bonus you can get is £3,000. To reach this level, you’ll need to have saved £12,000. These accounts can be used by each individual first-time buyer. This means that if you’re planning to purchase a home with your partner or a friend, for example, you would be able to receive government bonuses of £6,000 between you.

To qualify for a government Help to Buy ISA, you have to be a UK resident and a first-time buyer. Also, you can’t already own a property anywhere in the world, and you mustn’t have another cash ISA that’s active in the same tax year.

If you think this scheme could give you the extra support you need to get your first home and you’d like to find out more, you can visit the government’s Help to Buy website. You can also contact our experts for further information, and to discover how finance schemes like this one can help you to buy the houses and apartments we offer here at Laurus Homes.


If you’re looking for a helping hand to purchase a home, the Help to Buy Equity Loan could be exactly what you need. At Laurus Homes, we believe everyone deserves a special place to live, which is why we’re here to help you take advantage of this scheme to buy our houses and apartments on a range of our developments.

Provided by the government, Help to Buy Equity Loans are available only on newly built homes. Through this scheme, the government will lend you up to 20% of the cost of your chosen home. You’ll then need a deposit of 5% and a 75% mortgage to cover the remaining 80% of the cost. The purpose of the loans is to lower the upfront cost to you of buying a home.

For the first five years after you’ve made your purchase, you won’t have to pay any fees on the 20% loan provided by the government.
These Equity Loans are available to people looking to buy their first house and get a foothold on the property ladder, as well as to existing homeowners who want to move. However, if you own another home in addition to the one you’re looking to buy, you must sell it before completing your purchase of a help to buy home. The loans are available on new builds up to a value of £600,000.

You can find out more about the loans by speaking to your local government-appointed Help to Buy agent, or you can get in touch with us for further details. Our friendly and knowledgeable team will be happy to explain in detail how this scheme can make our homes more accessible.

Featured Development

Missed out on Egerton Rise?  Contact the sales team about Heath Farm an exciting new development of new build homes coming soon to Partington, Trafford.

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