Find your new home with just a 5% deposit with Help to Buy (Scotland). Help to Buy funds are limited, and the thresholds are changing, so act now to avoid missing out.
Buy a new home in Scotland with just a 5% deposit
With a Help to Buy equity loan you could find the home that’s right for you with just a 5% deposit. The Scottish Government will lend you up to 15% of the property value through an equity loan until 2021.
You’ll only need to secure up to an 80% mortgage from a bank or building society, making that first step a little easier.
The threshold is a maximum property value of £200,000.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. This calculator is provided for guidance only; Barratt Homes does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.
What are you waiting for?
Government funding is limited each year, so act now to avoid missing out. Call us today on 0330 057 6000 to arrange a visit at your local development, or use the search bar below to find developments near you.
More information on Help to Buy (Scotland) is available from the Scottish Government here.