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Everything You Need to Know About the Help to Buy Scheme

What is the Help to Buy Scheme?

The Help to Buy (HTB) Scheme is a government incentive designed to help first-time buyers purchase a newly-built home.

The scheme provides a loan of up to 20% of the property's purchase price, interest-free for the first five years.

Who is Eligible for the Help to Buy Scheme?

To be eligible for the Help to Buy Scheme, you must meet the following criteria:

How to Apply for the Help to Buy Scheme

To apply for the Help to Buy Scheme, you will need to:

Benefits of the Help to Buy Scheme

There are a number of benefits to using the Help to Buy Scheme, including:

Risks of the Help to Buy Scheme

There are also some risks associated with using the Help to Buy Scheme, including:

Alternatives to the Help to Buy Scheme

If you are not eligible for the Help to Buy Scheme, or if you are not comfortable with the risks involved, there are a number of other options available to help you get on the property ladder, such as: