Help to Buy

Own your new Jelson home with 5% deposit,
20% government-backed loan and 75% mortgage
Help to Buy is changing on 1 April 2021, but may be extended in certain circumstances. Find out more below.

Help to Buy Explained

  • Available now, on new build homes only
  • You only need a 5% deposit
  • Available for first and next-time buyers
  • The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time or on the sale of your home
  • You will only need to secure up to a 75% mortgage from a bank or building society
  • Maximum home purchase of £600,000
Help to Buy

Help to Buy Calculator

Simply enter the purchase price of the Jelson home you wish to buy, and we'll tell you how much deposit you need to have and the mortgage amount that you will need to borrow.

Purchase price of home you wish to buy:

Your 5% deposit
20% loan from government
75% mortgage required

Help to Buy. The facts.

You may have heard that the Government’s Help to Buy scheme is changing next year, so as part of our policy of keeping home buyers fully informed, here is a summary of what will happen.

The Help to Buy equity loan, which is open to first-time buyers and existing home owners, will end in March 2021. A new Help to Buy equity loan for first-time buyers only will replace it on 1 April 2021.

As with the current Help to Buy scheme, you can borrow up to 20% (or 40% in London) of the cost of a new-build home. The amount you can spend on your home will depend on where in England you live.

Home buyers who may not be eligible for the new Help to Buy scheme will need to complete the process to buy a new home before 31 March 2021. For those who “are experiencing severe delays due to Covid-19,” the legal completion deadline can potentially be extended from 31 March 20201 to 31 May 2021. But for those who have reserved since 01 July 2020, this deadline remains the end of March.

Help to Buy is available on all homes, with a purchase price up to £600,000, subject to status and affordability criteria, terms and conditions apply. The Help to Buy scheme is subject to availability and may be withdrawn at any time without notice. Not to be used in conjunction with any other offer. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Not available for second homes or buy to let properties.