Open Market Housing

It can be difficult for people to afford to buy a property on the open market, often because it is not possible to raise enough money for the deposit required.

Help to Buy

In March 2013 the Government launched two schemes, under the banner of Help to Buy to assist more households with less than a 10% deposit to buy a home. Both of these schemes are intended to allow households to buy with just a 5% deposit.

From April 2013, the First Buy equity loan scheme was extended and re-launched as Help to Buy: Equity Loan. The scheme:

From April 2014 the Help to Buy: Mortgage Guarantee scheme began. The scheme:

If you are interested in the Help to Buy schemes in the south Northamptonshire area you should contact Help to Buy Midlands. Telephone 03458 50 20 50 (select Option 2).