Help to Buy scheme: move into your first home with just a 5% depositMake the most of this Government-backed scheme for Help to Buy homes and move into your Redrow new build home with as little as a 5% deposit. Help to Buy: Equity Loan is a great incentive that allows you to buy a brand-new home much sooner than you may have been able to otherwise. Find out more information on the scheme below or search now your new home with Help To Buy in the search box at the end of the page.
Who can use the Help to Buy: Equity Loan?
The Help to Buy: Equity Loan is a scheme that's available to first time buyers in England.
To be eligible, you or anyone you’re buying a home with must not own a home or residential land now or in the past in the UK or abroad and not have had any form of sharia mortgage finance. All applications made by anyone that is married or in a civil partnership will have to be a joint application with their spouse or civil partner. You will need to sign a legal declaration to confirm that you are first-time buyers. Your conveyancer will explain this to you.
How long will the Help to Buy scheme run for?
The Help to Buy: Equity Loan scheme began accepting applications on 16th December 2020. This scheme will run until March 2023. We are now able to start taking reservations using Help to Buy for homes completing after March 2021.
Everything you need to know about the Help to Buy scheme
Can you put more than a 5% deposit down for Help to Buy?
Can I pay off the Help to Buy Equity Loan before the end of the first 5 years?
Help to Buy properties: Is Help to Buy linked with Shared Ownership?
Will I be charged interest on the Help to Buy: Equity Loan?
Do I have to pay any fee to use the Help to Buy: Equity Loan?
Help to Buy terms and conditions
Terms and conditions
Other ways we can help you move
Discover how easy and affordable moving into a new Redrow home can be when you use our range of incentives that are designed to help you move.