The key to owning your Own Home through Help 2 buy scheme

Example 1

Mr X wants to buy a two bedroom new build property worth £600,000 through Gareth James Property. Mr X only requires a 5% deposit of £30k from his own pocket.

Mr X must be a first time buyer or must not own any other another property currently to benefit from Help2buy.

The government then steps in with an equity loan of either 20% outside of London or 40% within London. The equity loan is also interest free for 5 years. After the 5 years, interest is then payable on the equity loan at a reduced government rate of interest.

You therefore only pay interest on the balance (the mortgage amount of 55%) for the first 5 years. If the property is sold, anytime, you will pay back the percentage of the equity loan either 20% or 40% based on current market values. See example 2 below



Example 2


Mr X sells his two bedroom property now worth £660,000.

£264,000.00   - 40% of the sale value is paid back to the government

£330,000.00   - the original mortgage loan is repaid to mortgage lender

£66,000.000   - Your initial 5% deposit plus any profits given back to you

For more information about Help to Buy or for a list of properties in your area please contact Kash Ijaz on 0207 635 2079 or email
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