Help to Buy

Own your home with a 5% DEPOSIT!

Help to Buy (Scotland) is a Government initiative designed to support eligible first time buyers and existing homeowners purchase a brand new property.

Help to Buy has been put in place for homeowners who require help with deposit funds, the scheme enables them to obtain a mortgage between 80% & 85% with only a 5% deposit.

Offered on selected new build homes up to the value of £200k eligible applicants will be offered an equity stake of up to a maximum of 15% of the full market price. The Scottish Government will hold a second charge on the property and retain a 15% equity share. Applicants are required to fund at least 85% of the purchase price by way of a mortgage and any deposit where required.

There is no interest charged on the equity share.

You could be closer to saving your deposit than you think. Call us now to find out how you apply for Help to Buy Scotland.