HOW DOES IT WORK?
With Help to Buy London, you could own one of our beautiful new properties at Newington Gate with just a 5% deposit – making it easier for you to get onto the property ladder in the country’s most vibrant city.
Through the scheme, you will only need to raise a 5% deposit for a new home, and then you will be able to access up to 40% of the property price through an equity loan which is provided by the Homes and Communities Agency (HCA). You will then only require a 55% mortgage to cover the cost of your home at Newington Gate.
*Interest on equity loan is charged after 5 years