01793 602806

Help to Buy

GreenSquare Homes can offer Help to Buy on all of our new homes developments.
With a Help to Buy Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home. If the home in the example above sold for £210,000, you’d get £168,000 (80%, from your mortgage and the cash deposit) and you’d pay back £42,000 on the loan (20%). You’d need to pay off your mortgage with your share of the money.

As well as your 5% deposit, there will be other costs to consider such as:
• Reservation fee
• Mortgage arrangement fees. This will vary depending on your financial advisor and mortgage lender
• Valuation fee, This is a requirement of your mortgage application
• Legal fees. Ask for details of recommended solicitors
• Monthly service charges, where applicable, these will vary from property to property
• Other monthly costs. Don’t forget about Council Tax, TV licence and utility bills, for example


Visit the Help to Buy website

Need help finding the perfect home? Contact our team for assistance

Fields marked with an * are required