Help to Buy
Spiralling house prices, tight mortgage lending criteria and the requirement for huge deposits have made it increasingly difficult for individuals, couples and families to buy their first home.
While the Help to Buy Equity Loan scheme has concluded, assistance remains accessible through the Help to Buy ISA.
- Help to Buy ISA – a help to buy
individual savings account (ISA) is a high interest savings account available
for people buying their first property and is available at most high street
banks and building societies.
You can earn up to 2.53% interest tax free and then the Government will add 25% free cash on top of what you save providing you and the property purchase meet the qualifying criteria.
The ISA can be used for a property with a full market value of up to £250,000 (outside of London).
Our team fully understands the complexities around the help to buy scheme and can help you purchase your first property with ease.
Check out what some of our past clients have to say about our residential conveyancing team and service here