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Could the Help to Buy scheme help you to buy?

April 25th 2017
By: Melanie
Could the Help to Buy scheme help you to buy?

It’s been a while since the Help to Buy scheme was introduced so we thought we would do a bit of a recap to see if this scheme could help you to buy your first home.

The Help to Buy scheme is a government run scheme which was created to help first time buyers purchase a property and also for those people, we like to refer to as second steppers buy a larger home with as little as a 5% deposit.

The Help to Buy Mortgage Guarantee 

• You will need to have a minimum of 5% deposit to put down on a property, but you could put down a deposit of up to 20%.

• The Government will at as a guarantee with your lender for up to 15% of your mortgage for a total of 7 years.

• You will need to secure a 95% mortgage in order to benefit from this scheme.

Who can access this scheme?

• It must be the only property you own.

• First time buyer and existing homeowners are eligible anywhere in the UK

• This scheme can be used to buy a new build property or a second hand home up to the value of £600,000.

"Terms & Conditions apply see for further information"

If you would like to find out more about the Help to Buy scheme or any other schemes available then why not contact, Embrace Mortgage services who will be able to explain everything you need to know in a straight forward way. To find out more please call one of their financial advisors on 01392 453568.


LSLi Ltd t/a Embrace Mortgage Services charge a fee of between £399 and £699 on application. The amount they will charge is dependent on the amount of research and administration that is required.

Intercounty is a trading name of ICIEA Limited and is an introducer appointed representative of First Complete Ltd for purpose of the provision of advice in relation to mortgage and non investment insurance products. Mortgage and Protection advice is provided by LSLi Ltd t/a Embrace Mortgage Services, an appointed representative of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.