Laurus adviser assisting a first time buyer with their help-to-buy process

Help To Buy Scheme: The Buyer's Guide.

Buying a new home with Help to Buy


Whether you're a first-time buyer or you're moving on from your existing home. Learn how Help to Buy (a government-backed scheme) can help you buy a new Laurus home with just 5% deposit.

Help to Buy UPDATED

How does it work?

  • You'll need a minimum of 5% deposit to qualify.
  • It’s available to all home movers (not just first-time buyers) who are purchasing a single home and don't currently own a property in or outside of the UK.
  • The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time within 25 years (or on the sale of your home, whichever is sooner). So you'll only need to secure up to 75% mortgage from a bank or building society.
  • The equity loan is interest-free for the first five years.
  • Maximum home purchase of £600,000 in England.

Who can use the Help to Buy: Equity Loan?


The Help to Buy: Equity Loan is a scheme that's available to both first-time buyers and existing homeowners, providing that the following conditions are met:

  • The home you’re buying must be your only property.
  • The home must be a newly built property.
  • You won’t be eligible if you’ll own another property after completion.
  • You won’t be able to rent out the home you’re buying.
  • You will not be able to part exchange your old home.

How can Help to Buy help me?


If you’re a first-time buyer we know it can be difficult to raise a large deposit to purchase your first home. So, with Help to Buy you’ll only need to save a 5% deposit to get a mortgage, so you could purchase your first home sooner than you thought.

If you’re an existing homeowner, you can use Help to Buy to trade up to a bigger property because you only need 5% deposit to move – perfect if you have a growing family and need more space.

You can also speak to one of our helpful Sales Advisors who can explain how Help to Buy could work for you.

Search below for new homes available with Help to Buy or call a Sales Advisor at the development of your choice.


(Reservations taken after the 15th December can no longer use Help to Buy. Properties must complete prior to the expiry of the current help to buy scheme. Correct at the time of publishing)

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