Buy your first home or your next home with just a 5% deposit through Acorn using the Government’s Help to Buy scheme. The scheme is available to first-time buyers as well as homeowners looking to move to a newly built property with a price of up to £600,000 in England and £300,000 in Wales.
With a Help to Buy Equity Loan, the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. You won’t be charged loan fees on the 20% loan for the first five years of owning your home.
For further information contact your local Help to Buy agent.