Everything you need to know about the Help to Buy scheme
Can you put more than a 5% deposit down for Help to Buy?
Yes, you can, although it’s always best to discuss this sort of thing with your financial advisor, to make sure that you settle upon the best mortgage plan for you.
Can I pay off the Help to Buy Equity Loan before the end of the first 5 years?
After purchase, you can elect to make voluntary part or full repayments at any time (based on market value). The lowest voluntary repayment is 10% of the current market value.
Help to Buy properties: Is Help to Buy linked with Shared Ownership?
No. The entirety of your home is purchased and legally owned by you when you take out a Help to Buy Equity Loan.
Will I be charged interest on the Help to Buy: Equity Loan?
Not for the first 5 years, no. After that you’ll be charged an interest fee of 1.75%. This interest fee rises each April by the Consumer Prices Index (CPI) plus 2%.
Do I have to pay any fee to use the Help to Buy: Equity Loan?
You’ll have to pay a monthly management fee of £1 for the life of the equity loan.
Help to Buy terms and conditions
Terms and conditions
Help to Buy is a Government backed initiative in partnership with housebuilders. Help to Buy cannot be used in conjunction with any other scheme. It is highly advised, for a swift, smooth transaction that an IFA/Solicitor advised by Redrow Homes is used. Offer cannot be used in conjunction with any other Redrow offer. Help to Buy is only available within England. Subject to availability, on selected plots only.

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A beautiful new home and an assisted move from a company you can trust. Help to Sell is a scheme that help you to have an easy move.
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Learn more about Stamp Duty
Stamp Duty
Discover all you need to know about Stamp Duty and how much you may need to pay when purchasing your new home.
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